Question

Liz Corporation acquired a patent on May 1, 2017. Liz paid cash of $90,000 to the seller. Legal fees of $2,000 were paid related to the acquisition. What amount should be debited to the patent account

Answer 1

Answer:

the answer will be 88,000 cause if you do 90,00 by 2,000 it's 88,000 so that's the answer