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On December 31, Goodenson Co. records the depreciation on its $650,000 building that was purchased on August 1. Assume a $1,275 amount of monthly depreciation.

On December 31, Goodenson Co. records the depreciation on its $650,000 building that was purchased on August 1. Assume a $1,275 amount of monthly depreciation. Record the December 31 adjusting entry. If no entry is required, type No entry. Please copy and paste the blank table below into your answer field and type in the necessary information.

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