5 Example Exercise 10-8 Impaired Goodwill and Amortization of Patent
{"Image DocumentName": "5 Example Exercise 10-8 Impaired Goodwill and Amortization of Patent", "Image ImageDescription": "On December 31 it was estimated that goodwill of  40,000 was impaired. In addition, a patent with an estimated useful economic life of 12 years was acquired for  84,000 on July 1. Journalize the adjusting entry on December 31 for the impaired goodwill. Journalize the adjusting entry on December 31 for the amortization of the patent rights", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}