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Current Attempt in Progress Wanhoe Corporation has the following selected transsctions during the vear ended Detember 31, 2021 : 1 vears: Mat: Acquired a franthise

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Current Attempt in Progress Wanhoe Corporation has the following selected transsctions during the vear ended Detember 31, 2021 : 1 vears: Mat: Acquired a franthise with a controct period of nine years for $23.530, the cupinetion date is March 1. 2000. Paid cash 1 of $40,700 and borrowes the remainder from the bank. 1 successfuly defend the trademark incourt. Prepare the entries to record the above trancution. Itit all debit entries before credit entriek. Credit account titles are the accound fitles and enter O for the emeuts. Recerd journal entries in the crder presented in the problem. (To record purchase of trademark) (To record costs incurred to defend trademark) eTextbook and Media List of Accounts Scivelar cater Attempts: 0 of 3 used Sistumit Araver (b) The parts of this question must be completed in crder. This part will be available when you complete the part above

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