Question
Which of the following newly formed corporations shows an example of correct accounting practices? O Tiana Inc. accounted for legal and state fees related
Which of the following newly formed corporations shows an example of correct accounting practices? O Tiana Inc. accounted for legal and state fees related to its charter by expensing them as they occurred. O Briar Rose Market accounted for promotional expenditures related to the organization of the business by including them in the paid-in capital. O Jasmine Spice Traders accounted for legal and state fees related to its charter by amortizing them over a 10-year period. Bella Beauty accounted for promotional expenditures related to the organization of the business by recording them as a short-term investment.
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