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4 points A. On July 1, 2020 ABC Capuchased a patient for $2,400,000 The potentially protect the owner for 20 years and the company plate

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4 points A. On July 1, 2020 ABC Capuchased a patient for $2,400,000 The potentially protect the owner for 20 years and the company plate for 30 years Required: Prepare the journal entry to record the mortation expense on Dec 31, 2020 B. On January 1, 2017. Co purchased equipment come $312.000 The equat has been deprecated in the right line method based on madalapevale of $24.000 de estimated useful life of 6 years On April 1, 2030, the company sold out for $140.000 cash Required Prepare jumalates to record 1. The partial year's depreciation (the update) e Apel 1, 2020 2. The sale of the equipment on April 1. 2020 YOUR ANSWER SHOULD BE THE FOLLOWING FORM DO NOT USE BEWENNUSGERS Dr Cash 10000 C Land 10000

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