How should goodwill be amortized, Accounting Basics

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How should goodwill be amortized

Response to the following questions:

1. How is depletion determined?

2. a. Over what period of time should the cost of a patent acquired by purchase be amortized?

b. In general, what is the required accounting treatment for research and development costs?

c. How should goodwill be amortized?

If possible, please give examples to better understand your answers.

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Accounting Basics: How should goodwill be amortized

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Accounting Basics: How should goodwill be amortized

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