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Unformatted text preview: 2011 86,000 60,200 47,500 2012 86,000 47,300 11,500 Total $344,000 $344,000 $344,000 Problem 10-6A Name: Lindsay Mitchell Section: AC116-24 Enter the appropriate amount or account in the shaded cells. An asterisk (*) will appear next to an incorrect item or amount in the outlined cells. 1. a. Amount of amortization, depletion or impairment: $20,000,000 b. Amount of amortization, depletion or impairment: $33,750 c. Amount of amortization, depletion or impairment: $444,000 2. JOURNAL Description Debit Credit a. Loss on Impairment of Goodwill $20,000,000 Goodwill $20,000,000 b. Amortization Expense - Patents 33,750 Patents 33,750 c. Depletion Expense 444,000 Accumulated Depletion 444,000...
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This note was uploaded on 05/18/2010 for the course AC116 AC116 taught by Professor Janowich during the Spring '10 term at Kaplan University.
- Spring '10