On May 1, 2019, DeeDee purchased the copyrights of some accounting games for $100,000. They believe the useful life will be five years. The companys amortization policy is that amortization should be calculated based on partial year if an acquisition is made during the year. Internally, DeeDee also developed some new accounting games and capitalized $50,000 of research and development costs in the copyright account.

Unadjusted Trial Balance:

Copyrights: 150,000(DR)

What is the adjusting journal entry for amortization and capitalization?