Kieso, Intermediate Accounting, 16e ce Assignment Gradebook ORION ment Downloadable eTextbook WileyPLUS MyWifexPLUS I Hele 1...

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Kieso, Intermediate Accounting, 16e ce Assignment Gradebook ORION ment Downloadable eTextbook WileyPLUS MyWifexPLUS I Hele 1 Contact 1 Low INTERMEDIATE ACCOUNTING (ACCT 311/ CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 12-15 Sarasota Corporation was organized in 2016 and began operations at the beginning of 2017. The company is involved in interior design consulting services. The following costs were incurred prior to the start of operations. Attorney's fees in connection with organization of the company Purchase of drafting and design equipment $16,500 11,500 Costs of meetings of incorporators to discuss organizational activities State filing fees to incorporate 6,400 1,300 $35,700 Compute the total amount of organization costs incurred by Sarasota Total organization costs Prepare the journal entry to record organization costs for 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Click if u unadd like to Show Work for this auction h Et Credit CH e 322 Kieso, Intermediate Accounting, 16e ce Assignment Gradebook ORION ment Downloadable eTextbook WileyPLUS MyWifexPLUS I Hele 1 Contact 1 Low INTERMEDIATE ACCOUNTING (ACCT 311/ CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 12-15 Sarasota Corporation was organized in 2016 and began operations at the beginning of 2017. The company is involved in interior design consulting services. The following costs were incurred prior to the start of operations. Attorney's fees in connection with organization of the company Purchase of drafting and design equipment $16,500 11,500 Costs of meetings of incorporators to discuss organizational activities State filing fees to incorporate 6,400 1,300 $35,700 Compute the total amount of organization costs incurred by Sarasota Total organization costs Prepare the journal entry to record organization costs for 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Click if u unadd like to Show Work for this auction h Et Credit CH e 322