Question
On January 1 2010, a company purchased a building for $900,000 which had an estimated residual value of $200,000 and an estimated useful life of
On January 1 2010, a company purchased a building for $900,000 which had an estimated residual value of $200,000 and an estimated useful life of 20 years. The company uses the straight line method to record monthly depreciation. The company put up the building for sale on January 1, 2020 for $1,000,000. What is the depreciation to record for 2020, if the building is still for sale on December 31, 2020?
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A Communication Audit Handbook Helping Organizations Communicate
Authors: Seymour Hamilton
1st Edition
0801300614, 978-0801300615
