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Homework: HW Depreciation Part 1 of 2 Question 6 Score: 0 of 1 point Save ARGUNA G-1 Designing Constanta purchased a building for $420,000 and
Homework: HW Depreciation Part 1 of 2 Question 6 Score: 0 of 1 point Save ARGUNA G-1 Designing Constanta purchased a building for $420,000 and deprecated it on a straight-Ine hasa cwer 40 years. The estimated CARICA VELA WAS $56.000 After using the building for 20 years 6-1 reized that the bulding will remai aaful only 15 more years. Starting with the 21st year G-1 began depreciating the building over a revised betaling of 5 years and decreased the residual value lo $15.000. Requirement 1. Record depreciation expense on the building for years 20 and 21 Record debits first, then credits. Explanations are not required. Leave unused calls blark) Start hy recording cepreciation expense on the building for year 20 Joumal Date Accounts Year 20 Debit Credit Accumulated DepreciationBuilding Building Cash Depreciation Expense Land Note Payable Service Revenue Supplies Utilities Expense Choose from any list or enter any number in the input fields and then click Check
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