Izzy inc purchased a patent for 350000 which has an
1. Izzy Inc. purchased a patent for $350,000 which has an estimated useful life of 10 years. Its pattern of use or consumption cannot be reliably determined. Prepare the entry to record the amortization of the patent in its first year of use.
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1 what is good will what is negative 1 what is good will what is negative
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