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Record the adjusting entry for the patent on December 3 1 , 2 0 2 2 purchased on January 1 , 2 0 2 2

Record the adjusting entry for the patent on December

31, 2022

purchased on January

1, 2022

at cost $

6, 000

with the useful life of

20

years from registration. The patent was registered on January

31, 2018 .

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