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intangible amortization presented below is selected information for palmiero company1 palmiero purchased a patent from
classification issues-intangible asset langrova inc has the following amounts included in its general ledger at
1 classification issues-intangibles presented below is selected account information related to matt perry inc as of
classification issues-intangibles presented below and on the next page is a list of items that could be included in the
1 karen austin corporation has capitalized software costs of 800000 and sales of this product the first year totaled
1 sinise industries acquired two copyrights during 2010 one copyright related to a textbook that was developed
1 nieland industries had one patent recorded on its books as of january 1 2010 this patent had a book value of 288000
indicate whether the following items are capitalized or expensed in the current yeara purchase cost of a patent from a
1 treasure land corporation incurred the following costs in 2010 prepare the necessary 2010 journal entry or entries
1 capriati corporation commenced operations in early 2010 the corporation incurred 60000 of costs such as fees to
1 use the information provided in be12-7 assume that the fair value of the division is estimated to be 750000 and the
1 waters corporation purchased johnson company 3 years ago and at that time recorded goodwill of 400000 the johnson
1 kenoly corporation owns a patent that has a carrying amount of 300000 kenoly expects future net cash flows from this
1 on september 1 2010 winans corporation acquired amount enterprises for a cash payment of 700000 at the time of
1 gershwin corporation obtained a franchise from sonic hedgehog inc for a cash payment of 120000 on april 1 2010 the
1 larry byrd inc spent 68000 in attorney fees while developing the trade name of its new product the mean bean machine
1 use the information provided in be12-1 assume that at january 1 2012 the carrying amount of the patent on celine
1 celine dion corporation purchases a patent from salmon company on january 1 2010 for 54000 the patent has a remaining
1 in 2010 ez-learn software developed a software package for assisting calculus instruction in business colleges at a
1 garfunkel inc has incurred 6 million in developing a computer software product for sale to third parties of the 6
1 an article in the financial press stated more than half of software maker comserves net worth is in a pile of tapes
1 sophia co a cellular phone company based in italy prepares its financial statements in accordance with igaap in 2010
1 briefly describe some of the similarities and differences between us gaap and igaap with respect to the accounting
1 where can authoritative igaap guidance related to intangible assets be