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On February 15 , Huang Manufacturing received an order for 1,000 industrial fans which each sell for $15,000. The customer provic 10% down payment at

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On February 15 , Huang Manufacturing received an order for 1,000 industrial fans which each sell for $15,000. The customer provic 10% down payment at that time. Huang delivered the fans on March 1, and received payment of all amounts due on March 10. Required: Prepare the journal entries (if any) that Huang would record on February 15, March 1, and March 10 with respect to this transaction. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the 10% down payment recelved for an order of 1,000 industrial fans for $15,000 each. Notel Enter debits before credits. A company had the following expenditures related to developing its trademark During your year-end review of the accounts related to intangibies, you discover that the company has capitalized all the above as costs of the trademark. Management contends that all of the costs increase the value of the trademark; therefore, all the costs should be capitalized. Required: 1. Which of the above costs should the company capitalize to the Trademark account in the balance sheet? 2. Which of the above costs should the company report as expense in the income statement

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