Misc expense and amortization expense

by | Nov 11, 2021 | Homework Help

ASSETS111       Cash121       Accounts Receivable141       Inventory152       Prepaid Insurance181       Equipment189       Accumulated Depreciation191       PatentLIABILITIES211       Accounts Payable231       Salaries Payable250       Unearned Revenue261       Income Taxes PayableEQUITY311       Common Stock331       Retained EarningsREVENUE411       Sales RevenueEXPENSES500       Cost of Goods Sold511       Insurance Expense512       Utilities Expense521       Salaries Expense532       Bad Debt Expense533       Amortization Expense540       Interest Expense541       Depreciation Expense559       Miscellaneous Expenses910       Income Tax ExpenseI have tried Misc expense and Amortization expense but it was incorrect. For the 2017 Amortization amount, I tried $2000, but it was incorrect.DATE    ACCOUNT TITLE POST. REF.         DEBIT   CREDITJan. 4, 2016    Patent                              24,000.00                               Cash                                        24,000.00Dec. 31, 2016 Amortization Expense   2,000.00                                  Patent                                 2,000.00Jan. 3, 2017            ?????                       11,000.00                                 Cash                                   11,000.00Dec. 31, 2017  Amortization Expense  ?????                                     Patent                              ???????

Plagiarism-free and delivered on time!

We are passionate about delivering quality essays.

Our writers know how to write on any topic and subject area while meeting all of your specific requirements.

Unlike most other services, we will do a free revision if you need us to make corrections even after delivery.