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    Intermediate Accounting Study Set 1
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    Exam 9: Intangible Assets, Goodwill, Mineral Resources, and Government Grants
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    GoodResources Incurred the Following Costs: How Much Would Be
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GoodResources Incurred the Following Costs: How Much Would Be

Question 17

Question 17

Multiple Choice

GoodResources incurred the following costs: GoodResources incurred the following costs:   How much would be capitalized as  property, plant or equipment  under the successful efforts method? A) $100,000 B) $200,000 C) $300,000 D) $700,000 How much would be capitalized as "property, plant or equipment" under the successful efforts method?


A) $100,000
B) $200,000
C) $300,000
D) $700,000

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