Question Completion Status: 10 11 12 13 6 2 1 5 Question collo INANCIAL ACCOUNTING 11 A. Manam Co purchased a Trademark for $ 480,000 on October 1, 2020. The Trademark is legally wed 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 Zaloguses the straight-in method to depreciate the truck of $25,000 and an estimated useful life of 10 years. On July 1, 2020. Zaling sold the truck for 5 280,000 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) O ALT-EN-F10 (Mach. A T. B IS 10pt Paragraph Arial * x x x 54 6. B v +) [+ (6) 38 WSP ES