On May 1, 2018, Bilings Company bought a patent at a set of $4.840 is estimated that the part will give bangs a competive advantage for 5 years Record in german 2018 and 2010 ( 31 in the end of the accounting period for Billings) (Recent debits first, than credits Extrude explanations from mal notes Da ne must intemetary calestations Only und the anewer to the neare dor Record in general jounal fom amortization for 2018 Date 2318 Dec. 31 Journal Entry Account Tite PR Dr. Rwoont in general joumel form amortization for 2010 Journal Entry