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Read the requirements. Requirement 1. Journalize the purchase of the patent. (Record debits first, then credits. Select the explanation on the last line of the

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Read the requirements. Requirement 1. Journalize the purchase of the patent. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Requirement 2. Journalize the amortization expense for the year ended December 31, 2024. Assume straight-line amortization. to the nearest dollar.) Now, journalize the amortization expense for 2024. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)

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