almontexo9771 almontexo9771

19-12-2022
Business

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pharah company, organized in 2019, has set up a single account for all intangible assets. the following summary discloses the debit entries that have been recorded during 2020 1/2/20 purchased patent (7-year life) $304.500 4/1/20 purchase goodwill (indefinite life) 345,000 7/1/20 purchased franchise with 10-year life: expiration date 7/1/30 425.000 8/1/20 payment of copyright (5-year life) 150,000 9/1/20 research and development costs 215.000 $1.439.500

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