Solution-What amounts should be charged to the organization

What amounts should be charged to the organization expense

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Reference no: EM13872279

1. Windsor Corporation is being organized in 2013 and will begin operations at the beginning of 2014. Prior to the start of operations, the following costs have been incurred in 2013:

Attorneys' fees for assistance in obtaining corporate

charter and drafting related documents	$ 33,000
Meetings of incorporators	14,000
Improvements to leased office space prior to occupancy	48,000
Fees to promoters to help locate buyers for Windsor's	21,000
common stock	$116,000

Based on the above data, what amounts should be charged to the Organization Expense account in 2013?

Reference no: EM13872279

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What amounts should be charged to the organization expense

Reference no: EM13872279

Reference no: EM13872279

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