Alpha Communications purchased a broadcasting license from local government to operate a radio station in one of its counties. Which of the following costs is not included in the costs of the broadcasting license?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Alpha Communications purchased a broadcasting license from local government to operate a radio station in
one of its counties.
Q
Which of the following costs is not included in the costs of the broadcasting license?
Select the one incorrect, and then click Submit.
Lawyers' fees paid for the contractual work surrounding the license
The price paid to the government for the license
Advertisements and marketing costs to promote the new radio station
Transcribed Image Text:Alpha Communications purchased a broadcasting license from local government to operate a radio station in one of its counties. Q Which of the following costs is not included in the costs of the broadcasting license? Select the one incorrect, and then click Submit. Lawyers' fees paid for the contractual work surrounding the license The price paid to the government for the license Advertisements and marketing costs to promote the new radio station
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