1. record building depreciation for 2021

2. record sale of land and building

1. record building depreciation for 2021

2. record sale of equipment

Endblast Productions showed the following selected asset balances on December 31, 2020: Land Building Accumulated depreciation, building! Equipment Accumulated depreciation, equipment? $460,800 590, 400 419,200 203,200 61,000 'Remaining estimated useful life is eight years with a residual value of $40.000; depreciated using the straight line method to the nearest whole month 2Total estimated useful life is 10 years with a residual value of $24,000; depreciated using the double declining balance method to the nearest whole month. Required: Prepare the entries for each of the following. (Round intermediate calculations to the nearest whole dollar) 1. The land and building were sold on September 27, 2021, for $647.000 cash. View transaction list Journal entry worksheet Record building depreciation for 2021. Note: Enter debits before credits. Date General Journal Debit Credit Nov 2, 2021 Record entry Clear entry View general Journal