The costs of organizing a corporation include legal fees, fees paid to the state of incorporation, fees paid to promoters, and the costs of meetings for organizing the promoters. These costs are said to benefit the corporation for the entity's entire life. These costs should be
A) capitalized and never amortized.
B) capitalized and amortized over 40 years.
C) capitalized and amortized over 5 years.
D) expensed as incurred.

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The Answer of The costs of organizing a corporation include legal fees, fees paid to the state of incorporation, fees paid to promoters, and the costs of meetings for organizing the promoters. These costs are said to benefit the corporation for the entity's entire life. These costs should be
A) capitalized and never amortized.
B) capitalized and amortized over 40 years.
C) capitalized and amortized over 5 years.
D) expensed as incurred.

The Costs of Organizing a Corporation Include Legal Fees, Fees