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wyrywin- 4 In 2021, Bratten Fitness Company made the following cash purchases oBook 1. The exclusive right to manufacture and sell the X-Core workout equipment

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wyrywin- 4 In 2021, Bratten Fitness Company made the following cash purchases oBook 1. The exclusive right to manufacture and sell the X-Core workout equipment from Symmetry Corporation for $216,000. Symmetry created the unique design for the equipment. Bratten also poid on additional $10,500 in legal and filing fees to attorneys to complete the transaction 2. An initial fee of $325,000 for a three-year agreement with Silver's Gym to use its name for a new facility in the local area. Silver's Gym hos locations throughout the country. Bratten is required to pay an additional fee of $6,600 for each month it operates under the Silver's Gym name, with payments beginning in March 2021. Brotten also purchased $416,000 of exercise equipment to be placed in the new facility 3. The exclusive right to sell Healthy Choice, a book authored by Kent Potterson, for $35,000. The book includes healthy recipes recommendations for dietary supplements, and natural remedies. Bratton plans to display the book at the check-in counter at its new facility, as well as make it avoiable online Pet Broncos Required: Prepare o summary journal entry to record expenditures related to initial acquisitions. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View tramaction ist Journal entry worksheet I extomheducation.com/ext/map/index.html?_con=con&external Saved apter 10 Exercises 4 select No journai entry required in the tirst account riera.) View transaction list 10 points Journal entry worksheet

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