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Impaired Goodwill and Amortization of Patent
On December it was estimated that goodwill of $ was impaired. In addition, a patent with an estimated useful economic life of years was acqu
a Journalize the adjusting entry on December for the impaired goodwill. If an amount box does not require an entry, leave it blank.
Dec.
b Journalize the adjusting entry on December for the amortization of the patent rights. If an amount box does not require an entry, leave it blank.
Dec.
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