Question: Prepare the journal entry to record amortization expense for 2021 related to the copyrights. (If no entry is required, select No Entry for the account

Prepare the journal entry to record amortization expense for 2021 related to the copyrights. (If no entry is required, select "No Entry" for

Prepare the journal entry to record amortization expense for 2021 related to the copyrights. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO The fair value of the copyright at December 31, 2021, is $3,680,000. Prepare the journal entry necessary to record the increase in fair value. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit

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