part B

A Moving to another question will save this response Question 4 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, Zalla Trading Co acquired a truck costing 5425,000 wling uses the straightened to depreciate the other of $25,000 and an estimated useful life of 10 years. On July 1, 2020. Zoag 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 (POor ALT EN F10 (Mac), Blys LIQ Aria Paragraph HI! op