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Do year one and two of the amortization of the patent

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Reference no: EM132557558

Question - Becky has successful defended a patent for the cost of $1,000,000 dollars. It is estimated that the amortization will be 10 years for this defense of the patent.

1. Please put the patent on the books through a journal entry.

2. Please do year one and two of the amortization of the patent.

Reference no: EM132557558

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