Multiple Choice
The amortization of finite life intangibles is recorded as:
A) a credit to accumulated amortization and a debit to amortization expense.
B) a debit to accumulated amortization and a credit to amortization expense.
C) a debit to cost of goods sold and a credit to accumulated amortization.
D) a credit to accumulated amortization and a debit to the asset account.
Correct Answer:
Verified
Correct Answer:
Verified
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