{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-14T22:22:10-04:00", "answer_date": "2024-06-14 22:22:10", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3041433", "url": "\/study-help\/questions\/we-have-been-using-a-10-year-total-useful-life-3041433", "question_creation_date_js": "2024-06-14T22:22:10-04:00", "question_creation_date": "Jun 14, 2024 10:22 PM", "meta_title": "[Solved] WE have been using a 10 year total useful | SolutionInn", "meta_description": "Answer of - WE have been using a 10 year total useful life on a patent which has been employed for 5 years.WE had purchased it imm | SolutionInn", "meta_keywords": "10,year,total,life,patent,employed,5,years,purchased,immediately,granted,company", "question_title_h1": "WE have been using a 10 year total useful life on a patent which has been employed for 5 years.WE had purchased it immediately after", "question_title": "WE have been using a 10 year total useful life on a", "question_title_for_js_snippet": "WE have been using a 10 year total useful life on a patent which has been employed for 5 years WE had purchased it immediately after it was granted from another company for P20,000 which was the only cost relevant to the patent At the very beginning of Year 6, WE successfully defended it at a cost of P26,000 and decided to change the total useful life to its legal life What is the amortization of patent in Year 6 ", "question_description": "

WE have been using a 10 year total useful life on a patent which has been employed for 5 years.WE had purchased it immediately after it was granted from another company for P20,000 which was the only cost relevant to the patent.At the very beginning of Year 6, WE successfully defended it at a cost of P26,000 and decided to change the total useful life to its legal life.What is the amortization of patent in Year 6?<\/strong><\/p>", "transcribed_text": "", "related_book": { "title": "Fundamental Accounting Principles", "isbn": "1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870", "edition": "20th Edition", "authors": "John J. Wild, Ken W. Shaw, Barbara Chiappetta", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/202.jpg", "uri": "\/textbooks\/fundamental-accounting-principle-20th-edition-202", "see_more_uri": "" }, "free_related_book": { "isbn": "1349580783", "uri": "\/textbooks\/women-and-transition-reinventing-work-and-life-1st-edition-978-1349580781-238829", "name": "Women And Transition Reinventing Work And Life", "edition": "1st Edition" }, "question_posted": "2024-06-14 22:22:10", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-are-the-characteristics-of-a-developing-nation-list-the", "description": "What are the characteristics of a developing nation? List the two basic avenues of economic growth available to such a nation. 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