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Moto Music Company purchased fox 5600,000 a patent for a new sound system. Although I goes igal protection for 20 years, the patent is expected

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Moto Music Company purchased fox 5600,000 a patent for a new sound system. Although I goes igal protection for 20 years, the patent is expected to provide the company will compete watape for six years Make youma entries to record(a) the purchase of the patient and (b) amortization for you After using the patent for two years. Mote Music Company's research director innsata professional meeting that BOSE is designing a more powerfum On the basis of the Music Company determines that the patients totales only four years Record mortation for you Moko jouma entries to record(a) to purchase of the potent and (b) amortion for your (al Record the purchase of the patent Record debits first, then credits. Explanations are not required) Journal Entry Accounts Debit Credit

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