f Ch 12: Homework PDR Question 6 of 25 0.14/1 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Bramble Corporation obtained a franchise from Marin Inc. for a cash payment of $160,000 on April 1, 2020. The franchise grants Bramble the right to sell certain products and services for a period of 8 years. Prepare Bramble's April 1 journal entry and December 31 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Amortization expense 15.000 Cash payment 15. TOO