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Instructions Data related to the acquisition of timber nights and intangible assets during the current year ended December 31 are as follows: A Timber rights on a tract of land were purchased for 53,180,540 on February 22. The stand of timber is estimated at 5 214.000 board feet During the current year, 1125 600 board feet of timber were cut and sold B. on December 31, the company determined that 54 023,000 of goodwill was mpaired C, Governmental and legal cous of 56,720.000 were incurred on April 3 in obtaining a patent with an estimated economic Mite of 12 years Amortization is to be for tree-fourths of a year Required: Dutermine the amount or eso amortization, disaation, or imparmant rou polo current your for each of nya torngang mana 2 Journalce the aquingentes required to record the amortization depletion or impairment for each ont Row to me chart or Account exact wording of accountries Amortization and depletion entries Instructions Starting questions Chart of Accounts Wouma Instructions Starting questions Cetermine the amount of the moration beton or moment for the current your cach of them in the structone C Amortization and depletion entries Instructions Starting questions Chart of Accounts Journal Journal 2 ounce the transactions and the dusting entries on December 3! Refer to Me Chart of Accounts for aract wording of accounts seronto access through of the journal Timberonta on actor and were purchased for $2.700.340 on February 22nd of times that 5212000 Board Meet Me cuero 125.000 board formare tooded OURNAL ACCOUNTING AT LO LE GE Amortization and depletion entries Instructions Starting questions Chart of Accounts Joumal Journal On December the common debeam that $4023000 of swaard JOURNAL ACCOUNTING ZOUT POST DET Cookies and cont de PRO 000 las varianten wys Bob ang nawawala wa mkoa wa Oy

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