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Question 5 3 Points A company purchased two intangible assets on 1 January 2020. Details of these assets are given below: Assets 1........ Asset 2

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Question 5 3 Points A company purchased two intangible assets on 1 January 2020. Details of these assets are given below: Assets 1........ Asset 2 Costs (5) .12.000......... 20.000 Salvage value (5)..... ..1.000.......... 2.000 Useful life (years)...... Indefinite.............. Required 1) Purchase journal entry of the two assets on 1 January 2020. (1.5 Points 2) What are the annual amortization expenses for the tow assets using straight line method. (1.5 points) Use the editor to format your

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