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  3. (b) make the entries as off december 31,2025, re

(b) Make the entries as off December 31,2025, recording any necessary amortization. (Credit...

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Accounting

(b)
Make the entries as off December 31,2025, recording any necessary amortization. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
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Sunland Equipment Company, organized in 2025, has these transactions related to intangible assets in that year:
Jan. 2 Purchafoed a patent (5-year life) $309,600.
Apr. 1 Trademark purchased (indefinite life) $342,900.
July 1 Acquired a 9-year franchise; expiration date July 1,2034, $685,800.
Sept. 1 Research and development costs $176,200.
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