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Prepare the journal entry to record the acquisition of the patent on January 1, 2017 and fo entry is required for a transaction/event, select No
Prepare the journal entry to record the acquisition of the patent on January 1, 2017 and fo entry is required for a transaction/event, select "No Journal Entry Required" in the first acce View transaction list Journal entry worksheet Record the entry for acquisition of patent. Note: Enter debits before credits. General Journal Debit Credit Date January 01 2017 Journal entry worksheet 1 2 Record the entry for annual amortization of patent Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2017 Req A and B Reqc ReqD ReqE Compute the amount of amortization that would be recorded in 2018. (Ra dollar.) Amount of Amortization Req A and B Reqc Reg D Req E Determine the gain (loss) on sale on June 30, 2019. (Round your inte whole dollar.) Journal entry worksheet Record the sale of the patent on June 30, 2019. Note: Enter debits before credits. General Journal Debit Credit Date June 30, 2019 Record entry
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