Journalize the above transactions. Bonita uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 50-year useful life and no residual value. The equipment is estimated to have a 10-year useful life and no residual value. Update depreciation on assets disposed of at the time of sale or retirement

Prepare the plant assets section of Bonita's statement of financial position at December 31, 2017. (List Property, plant and eq BONITA COMPANY Partial Statement of Financial Position Questior