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just sent the answers in text Question 7 1 pts Suppose a sinkhole opens up next to the company's headquarters, and it is determined the

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Question 7 1 pts Suppose a sinkhole opens up next to the company's headquarters, and it is determined the building's value has been impaired by $20,000. What journal entry should the company make to record the impairment? O Debit: Loss due to Impairment $20,000 and Credit: Accumulated Depreciation $20,000 o Debit: Depreciation expelse $20,000 and Credit: Accumulated Depreciation $20,000 Debit: Loss Due to Impairment $20,000 and Credit: Building $20,000 Debit: Depreciation expense $20,000 and Credit: Loss due to Impairment $20,000 Question 8 1 pts FUTA and SUTA payroll taxes are: O Employer only expenses O Employee only expenses Employer and Employee Expenses Employer expenses but optional for employee to pay also

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