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Palm Co. paid $50,000 in fees to its accountants and lawyers in acquiring Sama Company. Palm will treat the $50,000 as: O A. Additional cost
Palm Co. paid $50,000 in fees to its accountants and lawyers in acquiring Sama Company. Palm will treat the $50,000 as: O A. Additional cost to investment of sama. OB. A reduction in additional paid-in capital. OC. A prior period adjustment to retained earnings. D. An expense for the current year
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