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Business, 22.04.2020 22:21 antonio9768

These are selected 2017 transactions for Swifty Corporation: Jan. 1 Purchased a copyright for $122,750. The copyright has a useful life of 5 years and a remaining legal life of 30 years. Mar. 1 Purchased a patent with an estimated useful life of 4 years and a legal life of 26 years for $51,120. Sept. 1 Purchased a small company and recorded goodwill of $154,200. Its useful life is indefinite. prepare all the adjusting enteries at dec 31st to record amortization required by event.

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These are selected 2017 transactions for Swifty Corporation: Jan. 1 Purchased a copyright for $122,7...
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