int rences aw be used over a five-year period. The building has no residual value. Early in the fourth year, the storage building burned down. Record the retirement of the remaining book value of the storage building. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the retirement of the remaining book value of the storage building. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry Dra " View general journal