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Journal entry to recognize amortization. (dr) Operating expense (cr) Assets (dr) Equity investment (cr) Equity income (dr) Depreciation expense (cr) Acc. Depreciation (dr) Equity income

Journal entry to recognize amortization.

(dr) Operating expense

(cr) Assets

(dr) Equity investment

(cr) Equity income

(dr) Depreciation expense

(cr) Acc. Depreciation

(dr) Equity income

(cr) Equity investment

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