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Select the appropriste methods of allociting the cost of certain long term assets over their useful Eves for the followirg statements. 1. Fesearch costs incurred
Select the appropriste methods of allociting the cost of certain long term assets over their useful Eves for the followirg statements. 1. Fesearch costs incurred intemally 2. Cost of timber 3. Five-acre parcel of land where a firm'sh 4. Purchased tools 5. Coodvell 6. Non-refundable taves included in purch 7. Develogment costs for a new product Caplaltiod and depreclavedamortiad 8. Purchased patent 9. Easkst purchase of vehicles and equipmern 10. Advertising costs Eesereed 11. Intangible assets with indefinite live Cuplalted and depretusediamortided v 12. Development costs that do not assist in creating a new product Caplalthed and depleet
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