The Entry to Record Patent Amortization of $4,500 Embedded in a Product

Multiple Choice

The entry to record patent amortization of $4,500 embedded in a product is as follows:

A) Work-in-Process Inventory .................... 4,500
Patent ................4,500
B) Finished Goods Inventory ..................4,500
Patent ..................4,500
C) Work-in-Process Inventory ............. 4,500
Allowance for Amortization of Patent ................4,500
D) Finished Goods Inventory ...............4,500
Allowance for Amortization of Patent ................4,500
E) none of the above