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Exercise 8-19 Amortization of Intangible assets LO P4 Milano Gallery purchases the copyright on an opening for $450,000 on January 1, 2017. The copyright legally

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Exercise 8-19 Amortization of Intangible assets LO P4 Milano Gallery purchases the copyright on an opening for $450,000 on January 1, 2017. The copyright legally protects its owner for 10 more years. The company pians to market and se prints of the origins for 19 years. Pressre entries to record the purchase of the copyright on January 1 2017. and sennusl smartization on December 31, 2017 Journal entry worksheet Record the purchase of the mopyright on an oil painting for $450,000 cash. Data General Journal Debit Credit an 01 Hecondary Cloudy wwwcon le Journal entry worksheet

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