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Homework: Chapter 9 Question 11, EF9-21 (similar to) Part 1 of 2 HW Score: 5%, 2 of 40 points O Points: 0 of 2

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Homework: Chapter 9 Question 11, EF9-21 (similar to) Part 1 of 2 HW Score: 5%, 2 of 40 points O Points: 0 of 2 Save Buston Hardware Consultants purchased a building for $540,000 and depreciated it on a siegs-ne basis over a 35-year period. The estimated residual value is $120,000. After using the building for 15 years, Boen med tear and tear on the building would wear & ut before 35 years and that the estimated residual value should be $106.000 Staring with the 16th yes, Boston began depreciating the building over a revised total ife of 25 years using the ne residual val Joumalce depreciation expense on the building for years 15 and 16. Peard debts frat, then credits. Select the explanation on the last line of the journal entry table) Begin by joumakcing the depresion on the building for year 15 Date Accounts and Explanation Cru

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