He PF9-32A (similar to) Janie Messurveys American eating habits The company's accounts wide and Building Oice Equipment and Communication Equipment with a separate Accm Depreciation account for each dem asset During 2024. Janin Mills Associate completed the following transaction Cid the icon to view the ansaction Record the action in the journal of Janie Misecites Record dubsted Select the plantionate of the style Jan Purchased office equipment $115.000 Pald 570.000 cash and financed the remainder with a payable Recordingle.com Dale Account and Explanation Debi at once Enomen 115000 72000 1000 AY Choose from other in the out and the chance 5 GE 2010 Compiere) abits The company's accounts include Land Buildings, Office Equipment, and Communication Equipment, with a separate Accumulated Depe Sted the fol More Info - X s Associa id $70,000 Explanai Apr. 1 Purchased office equipment, $115,000. Paid $70,000 cash and financed the remainder Jan. 1 with a note payable. Acquired land and communication equipment in a lump-sum purchase. Total cost was $440,000 paid in cash. An independent appraisal valued the land at $346,500 and the communication equipment at $115,500. Sold a building that cost $555,000 (accumulated depreciation of $255,000 through December 31 of the preceding year) Janie Mills Associates received $360,000 cash from the sale of the building Depreciation is computed on a straight-line basis. The building Sep. 1 has a 40-year useful life and a residual value of $75,000 Recorded depreciation as follows. Communication equipment is depreciated by the straight-line method over a five-year life with zero residual value. Office equipment is depreciated using the double-declining- Dec. 31 balance method over five years with a $3.000 residual value Print Done input fiel Clear All o