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Question - Vincenzo Company spent P200,000 on research and development cost for an invention during 2021. On January 1, 2022, the invention was patented at a total cost of P450,000 with and estimated legal life of the patent was 20 years and the estimated useful life was 10 years. In January 2022, Vincenzo paid P250,000 for legal fees in a successful defense of the patent. What should be the amortization expense for 2022?
Explain the differences between variables and data types. Explain the need for data types and the different types available. Describe the general process
Variance Analysis Problem
Compute the MACRS deduction allowable for 2013, 2014 and 2015 for Oak Corp. If any asset was removed from service compute gain or loss on that asset.
Which of the following journal entries correctly records the current month's activity where $92,000 of direct material and $41,000 of indirect materials were used in the production process?
Post the June entries to the ledger, Journalize the June transactions
In the event that XYZ Corp is found to be liable, damages of 65000 have to be paid. What is the interest expense that the analyst would record
Prepare a bank reconciliation, Prepare the necessary adjusting journal entries
Parrett Corp. acquired one hundred percent of Jones Inc. on January 1, 2009, at a price in excess of the subsidiary's fair value. On that date, Parrett's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000.
on january 1 2012 pierson corporation exchanged 1710000 cash for 90 percent of the outstanding voting stock of steele
Compute how much is the 2019 depreciation expense? (Enter only whole dollar values.) Hint: what is the year 2 depreciation amount?
An overseas institutional investor has approached your investment advisory firm seeking to invest million in one of the big local bank's ordinary shares.
What is your opinion on the future of AirAsia ( Malaysian Airline Company) based on past performance of the company, combining it with its present situation
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