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What amount should be debited to the patent account

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Question

Sunland Corporation acquired a patent on May 1, 2017. Sunland paid cash of $84000 to the seller. Legal fees of $1700 were paid related to the acquisition. What amount should be debited to the patent account?

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132323084

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