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Calvin Company Incurred the Following Costs Related to the Start-Up

Question 23

Multiple Choice

Calvin Company incurred the following costs related to the start-up of the business:
Calvin Company incurred the following costs related to the start-up of the business: The company wishes to amortize these costs over the maximum period allowed under generally accepted accounting principles. Assuming that Calvin Company began operation on January 1, 2008, what amount of the start-up costs should be amortized in 2009? A) $4,400 B) $2,200 C) $800 D) $0
The company wishes to amortize these costs over the maximum period allowed under generally accepted accounting principles. Assuming that Calvin Company began operation on January 1, 2008, what amount of the start-up costs should be amortized in 2009?


A) $4,400
B) $2,200
C) $800
D) $0

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