Multiple Choice
On July 1, 2019, Marlin Company purchased the copyright to Bodine Educational Tutorials for $81,000. It is estimated that the copyright will have a useful life of 5 years with an estimated residual value of $6,000. The amount of Amortisation Expense recognised to 31 December 2019 would be:
A) $16,200.
B) $7,500.
C) $15,000.
D) $8,100.
Correct Answer:
Verified
Correct Answer:
Verified
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