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Question 9 of 10 View Policies -/1 E: Current Attempt in Progress Bridgeport Corporation commenced operations in early 2020. The corporation incurred $44,500 of

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Question 9 of 10 View Policies -/1 E: Current Attempt in Progress Bridgeport Corporation commenced operations in early 2020. The corporation incurred $44,500 of costs such as fees to underwriters, legal fees, state fees, and promotional expenditures during its formation. Prepare journal entries to record the $44,500 expenditure and 2020 amortization, if any. (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.) Account Titles and Explanation (To record organization expense) (To record amortization expense) Debit Credit

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