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points A. Manam Co. purchased a Trademark for $ 480.000 on October 1, 2020. The Trademark is legally used for 20 year period Required: Prepare the journal entry to record the amortization expense on Dec 31, 2020 B. On January 1, 2018, Zallaq Trading Co. acquired a truck costing $425,000. Zalaq uses the straigh-line method to deprecate the buck with an estimated talvel of $25,000 and an estimated useful life of 10 years. On July 1, 2020, Zallaq sold the truck for $ 280,000 cash. Required: Prepare journal entries to record: 1. The partial year's depreciation (the update on July 1, 2020 2. The sale of the truck on July 1.2020 YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM, DO NOT USE BETWEEN NUMBERS Dr. Cash 10000 Cr. Land 10000 For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac). EA I XOQ 10pt Arial I gs Paragraph WSPOMNIM