On july 1, 2018 Pinkman Enterprise Paid 45,000 for a patent that has a remaining legal life of 10 years and useful life of 8 years On July 1, 2018 Pinkman Enterprises paid $45,000 for a patent that has a remaining legal life of 10 years and a useful life of 8 years Record the purchase of the patent on July 1, 2018 Account Date Description Debit Amount Credit Amount patent 45000 45000 cash On July 1, 2018 Pinkman Enterprises paid $45,000 for a patent that has a remaining legal life of 10 years and a useful life of 8 years Record the adjustment to amortize the patent at the end of the year 2018 Account Date Description Debit Amount Credit Amount Amortization Expen patent On July 1, 2018 Pinkman Enterprises paid $45,000 for a patent that has a remaining legal life of 10 years and a useful life of 8 years Record the adjustment to amortize the patent at the end of the year 2019 Account Date Description Debit Amount Credit Amount

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On july 1, 2018 Pinkman Enterprise Paid 45,000 for a patent that has a remaining legal life of 10 years and useful life of 8 years On July 1, 2018 Pinkman Enterprises paid $45,000 for a patent that has a remaining legal life of 10 years and a useful life of 8 years  Record the purchase of the patent on July 1, 2018  Account Date Description Debit Amount Credit Amount patent 45000 45000 cash On July 1, 2018 Pinkman Enterprises paid $45,000 for a patent that has a remaining legal life of 10 years and a useful life of 8 years  Record the adjustment to amortize the patent at the end of the year 2018  Account Date Description Debit Amount Credit Amount Amortization Expen patent On July 1, 2018 Pinkman Enterprises paid $45,000 for a patent that has a remaining legal life of 10 years and a useful life of 8 years  Record the adjustment to amortize the patent at the end of the year 2019  Account Date Description Debit Amount Credit Amount

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On july 1, 2018 Pinkman Enterprise Paid 45,000 for a patent that has a remaining legal life of 10 years and useful life of 8

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