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Can you help me with this question please. I just need the journal entry and explanation of how you got the answer (calculations). Tasty snacks
Can you help me with this question please. I just need the journal entry and explanation of how you got the answer (calculations).
Tasty snacks over Georgia paid $400,000 for a concession stand. Tasty Snacks started out depreciating the building straight-line over 25 years with zero residual value. After using the concession stand for 6 years, Tasty Snacks determines that the building will remain useful for only 5 more years. Record Tasty Snacks' depreciating on the concession stand for year 7 by the straight-line method. Journal Entry Date (omit) Accounts Debit Credit
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