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To prepare Journal Entry - In the beginning of the assignment. I wrote a...

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Accounting

To prepare Journal Entry -

In the beginning of the assignment. I wrote a check for $300 dated 8/1/22 to Landscape Licensing Services and the term is from today (8/1/22 through the next 6 months. This is to pay for semi-annual landscape design license.

Please prepare Journal Entry for the two questions -

1. Since the landscape design license was for a one-half of a year you will to amortize that appropriately and account for the month's amortization of this professional license.

2. Monthly depreciation on the fixed asset truck: $112.50.

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