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Question 8 of 11 > - /6 WE Training costs 3,600 General and administrative costs 2,570 Direct cost of in-house programmer's time spent on modifying
Question 8 of 11 > - /6 WE Training costs 3,600 General and administrative costs 2,570 Direct cost of in-house programmer's time spent on modifying software 1,360 Prepare journal entry to record the software replacement. (Credit account titles are automatically indented when the 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.) Account Titles and Explanation Debit Credit List of Accounts Save for Later Attempts: 0 of 1 used Submit AnswerQuestion 8 of 11 > - 165 View Policies Current Attempt in Progress Culver Ltd. decided that it needed to update its computer programs for its supplier relationships. It purchased an off-the-shelf program and modified it internally to link it to Culver' other programs. The following costs may be relevant to the accounting for the new software: Original cost of old software $ 10,100 Accumulated amortization of old software 8,080 Purchase price of new software 7,700 Training costs 3,600 General and administrative costs 2,570 Direct cost of in-house programmer's time spent on modifying software 1,360 Prepare journal entry to record the software replacement. (Credit account titles are automatically indented when the 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.) Account Titles and Explanation Debit Credit
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