Presented below is information related to a copyright owned by Cullumber Campany at December
Assume that Cullumber Company will continue to use this copyright in the future of December the copyright is
estimatad to have a ramaining useful life of years.
Your answer is correct.
Prspars the journal entry to racord the impairmant of the assat at December The company doss not use accumulated
amortization accounts. if no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles
are automatically indented when amount is entered. Do not indent manually. List debit entry before credit entry.
Account Titles and Explanation
Debit
Credit
Lo on lmealment
eTextbook and Medla
Llst of Accounts
Attempts: of used
b
Prspars the journal entry to racord amortization expense for related to the cogyrights. If no entry is required, select No
Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not
indent manually. List debit entry before credit entry
Account Titles and Explanation
Debit
Credit
