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Financial Accounting Vol. II Test Questions Chapter 39: Specific Intangible Assets (Patent, Trademark and Goodwill) 1.Violet Company was granted a patent on January 1, 2012, and appropriately capitalized P750,000 of related costs. Violet was amortizing the patent over its estimated life of 15 years. During 2015, Violet paid P200,000 in legal costs in successfully defending.