Solution-Attorney''s fees in connection with the

Attorney''s fees in connection with the organization of the c

Reference no: EM13865944

Kling Company was organized in late 2010 and began operations on January 2, 2011. Prior to the start of operations, it incurred the following costs:

Costs of hiring new employees .................... $ 3,000Attorney's fees in connection with the organization of the company ..... 12,000Improvements to leased offices prior to occupancy (10-year lease) ..... 6,000Costs of pre-opening advertising ...................... 5,000

Required:

What amount should the company expense in 2010? In 2011?

Reference no: EM13865944

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Attorney''s fees in connection with the organization of the c

Reference no: EM13865944

Reference no: EM13865944

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