Moving to another question where estion 12 A. Manam Co purchased a Trademark for 100.000 on October 1.2020. The Trademark is legalne tor 1 Required: Prepare the journal entry to record the amortization expense on Dec 31, 2020 B. On January 1, 2018, Zata Trading Co. quires a truck costing 550.000. Zaves the rightinthod to deprecated of 20 years. On July 1, 2020, Zalla told the truck for $720.000 cash Required. Prepare journal entries to record 1. The partial year's depreciation (the update) on July 1, 2020 2 The sale of the truck on July 1, 2020 YOUR ANSWER SHOULD BE IN THE FOLLOWINO FORU DO NOT USE BETWEEN NUMBERS Dr. Cash 10000 Cr. Land 10000 For the toolbar, press ALT.110 (PC or ALTINF10 Mad DQ-F31 2T A HB DE a ils 111 > B> Question 13 Amwaj Indstrial Co, purchased an equipment for $360,000 on 1 Jan 2020 is estimated that the equipment will have a 16-year 110 of useful life is estimated as $10,000 Required: Compute the depreciation expense for the year ended December 11, 2020, using the following methods of certo. SWOW YOUR CALCULATION 1. Straight-line method of depreciation. 2. Units of production method of depreciation assuming that the company produced 44,000 units in 2020 3. Double-declining balance method of depreciation. For the toolbar, press ALT F10 (PC) of ALT FN F10 Mac). F TX I US 10pt Paragraph | | BE astion 12 A. Manam Co purchased a Trademark for $100.000 on October 1, 2020. The Trademark is gay set to 10 Required: Prepare the joumal entry to record the amortization expense on Dec 31, 2020 B. On January 1, 2018, Zala Trading Co acquired a truck costing $850,000. Zataques te strane method to create the true with of 20 years. On July 1, 2020, Zala sold the truck for $720.000 cash Required: Prepare jumal entries to record 1. The partial year's depreciation (me update) on July 1, 2020 2. The sale of the truck on July 1, 2020 YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM DO NOT USE BETWEEN NUMBERS Dr. Cash 10000 Cr. Land 10000 For the toolbar, press ALT F10 (PC) or ALTIN F10 MAI A T. sont Arial 2 HD b + e