The Amortization of Finite Life Intangibles Is Recorded As

question 4

Multiple Choice

The amortization of finite life intangibles is recorded as:

• A) a credit to accumulated amortization and a debit to amortization expense.
• B) a debit to accumulated amortization and a credit to amortization expense.
• C) a debit to cost of goods sold and a credit to accumulated amortization.
• D) a credit to accumulated amortization and a debit to the asset account.

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Definitions:

Vocalization

The action of producing sounds or utterances as a means of communication among humans or animals.

Anger

A strong feeling of annoyance, displeasure, or hostility.

Happiness

A state of well-being and contentment characterized by emotions ranging from contentment to intense joy.

Touch

The act of coming into contact with something or someone.