A. Manam Co. Purchased a Trademark for $160,000 on October 1, 2020. The Trademark is legally used for 10 - year period. Required : Prepare the journal entry to record the amortization expense on Dec. 31, 2020 Required: Prepare journal entries to record: 1. The partial year's depreciation (the update) on July 1, 2020. 2. The sale of the truck on July 1, 2020 . YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM ; DO NOT USE ," BETWEEN NUMBERS : Dr. Cash 10000 January 1, 2018, Zallaq Trading Co. acquired a truck costing $850,000 . Zallaq uses the straight - line method to depreciate the truck estimated salvage value of $ 50,000 and an estimated useful life years . On July 1 , 2020 , Zallaq sold the truck for $ 720,000 cash .

me at anyone con Yourses are savedomatically Remaining Time: 1 hour, 33 minutes, 31 seconds Question Completion Status: 1 2 3 4 5 6 7 8 10 12 13 Moving to another question will save this response Question 6 A. Manam Co purchased a Trademark for $ 160,000 on October 1, 2020. The Trademark is legaty used to 16 power Required: Prepare the journal entry to record the amortization expers on Dec 31, 2020 B. On January 1, 2018, Zalla Trading Co boquired a truck coating 50.000. these metodo deprecies wat of 20 years. On July 1, 2020, Zalog sold the truck for $ 720,000 cash Required: Prepare Journal entries to record: 1. The partial year's depreciation (the update) on July 1, 2020 2. The sale of the truck on July 1, 2020, YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM, DO NOT USE BETWEEN NUMBERS Dr. Cash 10000 Cr. Land 10000 For the toolbar, press ALTO 10 (FC) or ALTIN 10 (MM) LX009 1 A2 AIN Paragraph 1. "A mE H fH xx