The total amount of patent cost amortized to date is usually
A) shown in a separate Accumulated Patent Amortization account which is shown contra to the Patents account.
B) shown in the current income statement.
C) reflected as credits in the Patents account.
D) reflected as a contra property, plant and equipment item.

Question

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The Answer of The total amount of patent cost amortized to date is usually
A) shown in a separate Accumulated Patent Amortization account which is shown contra to the Patents account.
B) shown in the current income statement.
C) reflected as credits in the Patents account.
D) reflected as a contra property, plant and equipment item.

The Total Amount of Patent Cost Amortized to Date Is