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King Company was organized in late 2016 and began operations on January 2, 2017. prior to the start of operations, it incurred the following costs:
King Company was organized in late 2016 and began operations on January 2, 2017. prior to the start of operations, it incurred the following costs: Cost of hiring new employees$3000 Attorney's fees in connection with the organization of the company $12000 improvements to leases offices prior to occupancy (10 year lease) $6000 coasts of pre-opening advertising $5000. 1. what amount should the company expense in 2016. what amount should the company expense in 2017.
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