Question 7 4 points A. Manam Co purchased a Trademark for $ 100,000 on October 1, 2020 The Trademark is legally used for 10 year period Required: Prepare the journal entry to record the amortization expense on Dec 31, 2020 B. On January 1, 2018, Zalla Trading Co acquired a truck costing $850,000. Zallaq uses the straight-line method to depreciate the truck with an estimated eve of 350.000 and an estimated useful life of 20 years on July 1, 2020, Zallaq sold the truck for $20,000 cash Required. Prepare journal entries to record 1. The partial year's depreciation (the update) on July 1, 2020 2. The sale of the truck on July 1, 2020 YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM DO NOT USE BETWEEN NUMBERS De Cash 10000 Ca 10000 For the ALT-10 ROOF ALTERNATOM) a