Start-Up and Organization Costs Include All of the Following Except

question 79

Multiple Choice

Start-up and organization costs include all of the following except

• A)goodwill.
• B)cost of printing stock certificates.
• C)attorney's fees.
• D)state incorporation fees.

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Definitions:

Accounts Receivable

Refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Dividends

Payments made by a corporation to its shareholders from the earnings of the company.

Normal Credit Balance

Refers to the expected balance type (credit) for certain accounts in accounting, such as revenues, liabilities, and equity accounts.

Liabilities

Financial obligations or debts that a company is required to pay in the future.