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Lily inc. owns the following long-lived assets; (a) Prepare depreciation adjusting entries for each asset for the year ended December 31, 2021, assuming the company

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Lily inc. owns the following long-lived assets; (a) Prepare depreciation adjusting entries for each asset for the year ended December 31, 2021, assuming the company uses straight-line depreciation and adjusts its accounts annually. (List all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Record journal entries in the order presented in the problem.)

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