These are the selected 2017 transactions for Bramble Corporation

Exercise 9-11 Your answer is partially correct. Try again. These are selected 2017 transactions for Bramble Corporation: Jan. 1 Purchased a copyright for $225,050. The copyright has a useful life of 7 years and a remaining legal life of 33 years. Mar. 1 Purchased a patent with an estimated useful life of 5 years and a legal life of 25 years for $60,600. Sept. 1 Purchased a small company and recorded goodwill of $150,300. Its useful life is indefinite. Prepare all adjusting entries at December 31 to record amortization required by the events. (Credit account titles are automatically indented when the am indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation > 225050 Dec. 31 Copyrights 225050 Cash (To record amortization of Copyrights) 7 60600 Dec. 31 Patents cudy. 3 60600 Cash (To record amortization of Patents) 150300 Dec. 31 Goodwill