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O You skipped this question in the previous attempt In 2018, Bratten Fitness Company made the following cash purchas 1. The exclusive right to manufacture
O You skipped this question in the previous attempt In 2018, Bratten Fitness Company made the following cash purchas 1. The exclusive right to manufacture the X 2. An initial fee of $300,000 for a three-year agreement with Silver's Gym to use its e and sell the X-Core workout machine from Symmetry Corporation for $200,000. Symmetry created the unique design for the machine. the tra Bratten also paid an additional 510,000 in legal and filing fees to attorneys to complete Gym has locations throughout the country. Bratten is required to pay an additional fee of $5,000 for each month it operates under the Silver's Gym name, with payments beginning in March 2018. Bratten also purchased $400,000 of exercise placed in the new facility. name for a new facility in the local area. Siver's recomme new facility, as well as make it available online. equipment to be e, a book authored by Kent Patterson, for $25,000. The book includes healthy recipes, for dietary supplements, and natural remedles. Bratten plans to display the book at the check-in counter at its Required: Prepare a summary journal entry to record expenditures related to initial acquisitions. (If no entry is required for a tro select "No journal entry required" in the first account field.) nt, ournal entry worksheet Record the expenditures related to initial acquisitions.
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