Oriole Company, organized in $2024,$ has set up a single account for all intangible assets. The following summary discloses the debit

entries that have been recorded during $2025.$

$($a$1)$

Prepare the necessary entry to clear the Intangible Assets account and to set up separate accounts for distinct types of

intangibles. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required,

select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Account Titles and Explanation