chapter 12 part 2 - buildings 75,000 equipment 70,000...

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12 part 2 initial submission (E12-4, E12-5, E12-13, E12-16, E12-19) E12-4 1) 31-Dec Patent amortization expense 250,000 2010 Patent 250,000 2) 31-Dec Franchise amortization expense 38,889 2010 Franchise 38,889 3) 275,000 4) 30000 E12-5 Patent amortization expense 6,250 Patent 6,250 E12-13 cash 50,000 receivables 90,000 inventory 125,000 land 80,000
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Unformatted text preview: buildings 75,000 equipment 70,000 trademarks 15,000 Goodwill 95,000 accounts payables 350,000 cash 250,000 b) 31-Dec trademark expense 3000 cash 3000 E12-16 patent 1,500,000 2008 amortization years 10 expires 2018 franchise 350000 2009 useful life 30 carrying amount 500000 license 150000 5 years...
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This note was uploaded on 04/14/2011 for the course ACCT 3202 taught by Professor Kenmichael during the Spring '11 term at University of Minnesota Duluth.

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chapter 12 part 2 - buildings 75,000 equipment 70,000...

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