Score: 0 of 1 pt 2 of 5 (0 complete) S9-12 (similar to) On September 1, 2018, Sagay Company purchased a patent for $208,800 cash Although the patent gives legal protection for 20 years, the patent is expected to be used for only see years. 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) Date Accounts and Explanation Debit Crefit Sept 1 i Requirements - X 1. Journalize the purchase of the patent. 2. Journalize the amortization expense for the year ended December 31, 2018. Assume straight-line amortization. Print Done