Question
Please answer part b , thank you! Pronghorn Corporation was organized in 2024 and began operations at the beginning of 2025. The company is involved
Please answer part b thank you!
Pronghorn Corporation was organized in 2024 and began operations at the beginning of 2025. The company is involved in interior design consulting services. The following costs were incurred prior to the start of operations. Attorney fees in connection with organization of the company Purchase of drafting and design equipment Costs of meetings of incorporators to discuss organizational activities State filing fees to incorporate (a) Your answer is correct. Compute the total amount of organization costs incurred by Pronghorn. Total organization costs eTextbook and Media List of Accounts (b) $16,300 11,300 6,200 1,100 $34,900 Attempts: 1 of 3 used Prepare the journal entry to record organization costs for 2025. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) Account Titles and Explanation eTextbook and Media Debit Credit
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