Question
Ralph Co had start up cost of $53,000 in 2016. Ralph Co started its business in March 2016. Calculate total amortization expense for 2016. Ralph
Ralph Co had start up cost of $53,000 in 2016. Ralph Co started its business in March 2016. Calculate total amortization expense for 2016. Ralph Co elects to take additional first year amortization under IRC 195. Calculate the Amortization Exp for 2017.
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
1st Edition
0471962120, 978-0471962120
