The corporation incurred 60000 of costs such as fees to


1. Capriati Corporation commenced operations in early 2010. The corporation incurred $60,000 of costs such as fees to underwriters, legal fees, state fees, and promotional expenditures during its formation. Prepare journal entries to record the $60,000 expenditure and 2010 amortization, if any. 

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Accounting Basics: The corporation incurred 60000 of costs such as fees to
Reference No:- TGS01492465

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