Attorney fees for articles of incorporation February 10 $42,500 March 1-March 30 wages March 30 7,150 March 1-March 30 rent March 30 3,050 Stock issuance costs April 120,000 April 1-May 30 wages May 30 17,875 Note: Leave no answer blank. Enter zero if applicable. a. What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Attorney fees for articles of incorporation February 10 $42,500 March 1-March 30 wages March 30 7,150 March 1-March 30 rent
March 30 3,050 Stock issuance costs April 1 20,000 April 1-May 30 wages May 30 17,875 Note: Leave no answer blank. Enter
zero if applicable. a. What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation?
Transcribed Image Text:Attorney fees for articles of incorporation February 10 $42,500 March 1-March 30 wages March 30 7,150 March 1-March 30 rent March 30 3,050 Stock issuance costs April 1 20,000 April 1-May 30 wages May 30 17,875 Note: Leave no answer blank. Enter zero if applicable. a. What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation?
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