Capriati corporation commenced operations in early 2012 the

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Capriati Corporation commenced operations in early 2012. The corporation incurred $60,710 of costs such as fees to underwriters, legal fees, state fees, and promotional expenditures during its formation.

Prepare journal entries 1) to record the $60,710 expenditure and 2) 2012 amortization.

Reference no: EM13581497

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