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What entry would the company make BE 1 On January 2, 2011, Harlan Company purchased a patent for $38,000. The patent has an estimated useful life of 25 years and a 20-year legal life. What entry would the company make at December 31, 2011 to record amortization expense on the patent? BE 2 Using the following data for Notson, Inc., compute its asset turnover ratio. Notson, Inc. Net Income 2011 $ 123,000 Total Assets 12/31/11 2,443,000 Total Assets 12/31/10 1,880,000 Net Sales 2011 2,594,000 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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What entry would the company make
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