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    Financial Accounting Study Set 1
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    Exam 9: Long-Lived Tangible and Intangible Assets
  5. Question
    The Journal Entry to Record the Amortization of an Intangible
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The Journal Entry to Record the Amortization of an Intangible

Question 75

Question 75

Multiple Choice

The journal entry to record the amortization of an intangible asset includes a:


A) debit to Depreciation Expense.
B) debit to Amortization Expense.
C) credit to Equipment.
D) debit to Goodwill.

Correct Answer:

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