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mamaluj [8]
1 year ago
12

E10-12 The following are selected 2017 transactions of Pedigo Corporation.

Business
1 answer:
kap26 [50]1 year ago
6 0

Entries are given.

DATE                 ACCOUNT TITLES                          DEBIT          CREDIT

Dec 31,2019       No entry                                                0                    

                                  No entry

                         (Considering that goodwill has an                               0

                         infinite existence, goodwill should

                         not be amortised.)

Dec 31, 2019      Patent Amortization                           $10,000

                           [$75,000×(1/5)×(8/12)] patents

                          (To record patent amortizations for                    $10,000

                           8 months)

To know more about Entries:

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Answer:

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Explanation:

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