October 30, 2016 admin

Organization Expense—Accumulated Amortization

Assets

ORGANIZATION EXPENSE—ACCUMULATED AMORTIZATION ASSET ACCOUNT
1834

ACCOUNT EXPLANATION
Accumulated amortization of organization expense.
TRANSACTIONS
  Jrnl. Dr. Cr.
  Monthly provision for amortization of organization expense SE
    Miscellaneous Expense 8820
      Organization Expense—Accumulated Amortization 1834
COMMENTS
  • Since special treatment of this account may be required for income tax purposes, dealers should consult tax counsel as necessary.