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aev [14]
3 years ago
8

These are selected 2022 transactions for Pronghorn Corporation:

Business
1 answer:
Nataly [62]3 years ago
5 0

Answer:

December 31, 2022, amortization expense of copyright

Dr Amortization expense 19,500

    Cr Copyright 19,500

December 31, 2022, amortization expense of patent

Dr Amortization expense 10,000

    Cr Patent 10,000

No journal entry required for the Goodwill since its useful life is indefinite

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