ORGANIZATION COSTS B&B Electric decided to incorporate and has incurred the following costs of organizing:Incorporation fees $ 400Attorneys’ fees 4,800Promotion expenses 5,700Prepare the entry for the payment of these organization costs for cash on January 31.

ORGANIZATION COSTS B&B Electric decided to incorporate and has incurred the following costs of organizing:Incorporation fees $ 400Attorneys’ fees 4,800Promotion expenses 5,700Prepare the entry for the payment of these organization costs for cash on January 31.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter20: Corporations: Organization And Capital Stock

Section: Chapter Questions

Problem 1SEA: ORGANIZATION COSTS BB Electric decided to incorporate and has incurred the following costs of...

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