1. Amortization records the decline in the utility of natural resources none of the above...
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Accounting
1. Amortization records the decline in the utility of
natural resources
none of the above
plant assets
intangible assets
2. Patents, copyrights and goodwill are
types of expenses
leased assets
plant assets
intangible assets
3.The company needs more time to pay a $5,000 accounts payable and a 120 day, 10% note was issued. The journal entry to record this would include a credit to
sales tax payable
accounts payable
note payable
cash
Thank you, can I get a brief explanation of why that is the correct answers?
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