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Required: Prepare the joumal entry fo fecord the ansortiration expense on Dec 31,2021 $35 , 000 and art estirnated useful life of 10 years On
Required: Prepare the joumal entry fo fecord the ansortiration expense on Dec 31,2021 $35 , 000 and art estirnated useful life of 10 years On March 31, 2021, The comparry sold the mactune for $170 , 000 cash Required: Prepare journal entries fo record: 1 Thic partial year's depreciation (the updiate) on March 312021 2 The sale of the ruachirne on March 31, 2021 . YOUR ANSWER SHOWH D BE WN THE FOLLONING FORM; DONOT USE" BETWEEN NUANEERS Dr. Girs 100000 and tard 10000 Giooghill: A. May be amortized ussing either the straight-line or units-of-production method. B. Is amortized over a period of 20 years using the Straight-Line method. C. Is not amortized, but is tested annually for impairment. D. Is amortized over a period-of 20 years using the units-of-production method
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