Check my w Exercise 8-19 Amortization of intangible assets LO P4 the copyright on an oil painting for $300,000 on January 1, 2017 The copyright legally protects its owner for 12 more years. The company plans to market and sell prints of the original for 19 years. Prepare entries to record the purchase of the copyright on January 1, 2017, and its annual amortization on December 31, 2017 Book iew transaction list Journal entry worksheet Record the purchase of the copyright on an oil painting for $300,000 cash Note: Enter debits before credits DebitCredit Jan 01 PrevfNext