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(Solved): Our policy is to amortize any prepaid expenses greater than \( \$ 2,500 \). The method we use is t ...



Our policy is to amortize any prepaid expenses greater than \( \$ 2,500 \).
The method we use is to pro-rate the first and la

Our policy is to amortize any prepaid expenses greater than \( \$ 2,500 \). The method we use is to pro-rate the first and last period, and SL for the months in-between. Create an amortization schedule for this invoice: Bigeye, Inc. 32 Mandalay PI South San Francisco, CA 94000 US finance (xbigeye.com www.bigeye.com


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Here, Total Invoice period of Invoce is from Feb 22 to March 23 . Hence, 14 months and Invoice has rai
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