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During 2 0 1 8 , Legros Inc has a 'Building' asset listed on its books. The following costs related to the building took place
During Legros Inc has a 'Building' asset listed on its books. The following costs related to the building took place at the end of :
Paid $ to clean the building's exterior
Paid $ to upgrade and improve the building's electrical system
Paid $ to repair minor defects in the building
What journal entry should Legros Inc record for these costs? Assunte all costspayments occurred at the same time. All journal entry lines may not be necessary.
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