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The costs of start-up activities, including fees of attorneys, should be: A) Capitalized, but not amortized, because of the indefinite life of the business: B)
The costs of start-up activities, including fees of attorneys, should be:
A) Capitalized, but not amortized, because of the indefinite life of the business:
B) Capitalized and amortized.
C) Capitalized and deferred until liquidation of the business.
D) Expensed when incurred.
which is correct one?
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