Solution-Accounting for organization costs fontenot

Accounting for organization costs fontenot corporation

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Reference no: EM131114523

1. Accounting for Organization Costs Fontenot Corporation was organized in 2009 and began operations at the beginning of 2010. The company is involved in interior design consulting services. The following costs were incurred prior to the start of operations.

(a) Compute the total amount of organization costs incurred by Fontenot.

(b) Prepare the journal entry to record organization costs for 2010.

Reference no: EM131114523

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Accounting for organization costs fontenot corporation

Reference no: EM131114523

Reference no: EM131114523

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