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Question2 Please document all journal entries for each month, January through March. - $65,000 Insurance premium, coverage date from 12/12/2021-12/11/2022 - $23,000 car purchase with

Question2

Please document all journal entries for each month, January through March.

- $65,000 Insurance premium, coverage date from 12/12/2021-12/11/2022

- $23,000 car purchase with useful life of 5 years and salvage value of $3,500. Placed in service 12/1/2021

- $30,000 legal retainer ($10k/mo) for future services from July 2022 to September 2022

- $45,000 in trademarks, placed in service 1/1/2022

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