ON of Account General Journal Instructions On Doomber 31, Bowman Company estimated that goodwill o$80.000 was impaired on June 1.a patent with an estimated and economic life of 10 years was aoquired for $262.000 Required: (1) Journake the dusting entry on December 3t for the impaired goodwill (2) Joure the adjusting entry on December 31 for the amortization of the patent rights "Refer to the Chart of Accounts for exact wording of account nifies. General Journal Journalize the ancjusting entry on December 31 for the impared goodwill. Refer to the Chart of Accounts for exact wording of account pries PAGE 1 JOURNAL DATE DESCRITION POSTREK DERIT CREDIT 1 2 Joumalize the adusting entry on December 31 for the amortization of the paternights Refer to the Chart of Accounts for exact wording of instructions On December 31, Bowman Company estimated at goods of $80.000 was impared. On June 1, a pale with an estimated comic We of 10 years was quited for 5252.000 Required: (1) Justing try on December 31 for the impaired gooch (2) Jouma justing enty on December 31 for the motion of the patentits "Rater to the Chart of Accounts for exact wording of a countries General Journal Maumaluse the acusting entry on December 31 for the amortization of the patere rights. Pater to the Chart of Accounts for exact wording of GE+ JOURNAL DATT DESOPTION POSTU DENT CREDIT