please choose from the following accounts:

Accounts Payable

Accumulated Depreciation - Buildings

Accumulated Depreciation - Equipment

Accumulated Depreciation - Leasehold Improvements

Accumulated Depreciation - Machinery

Accumulated Depreciation - Vehicle Overhaul

Accumulated Depreciation - Vehicles

Advertising Expense

Asset Retirement Obligation

Buildings

Cash

Common Shares

Contributed Surplus - Donated Capital

Cost of Goods Sold

Deferred Revenue - Government Grants

Depreciation Expense

Donation Revenue

Equipment

Finance Expense

Gain on Disposal of Buildings

Gain on Disposal of Equipment

Gain on Disposal of Machinery

Gain on Disposal of Vehicles

Gain on Vehicle Overhaul

Gain or Loss in Value of Investment Property

GST Receivable

Interest Expense

Interest Payable

Inventory

Investment Property

Land

Land Improvements

Legal Expense

Loss on Disposal of Buildings

Loss on Disposal of Equipment

Loss on Disposal of Machinery

Loss on Disposal of Vehicles

Loss on Vehicle Overhaul

Machinery

Mineral Resources

Mortgage Payable

No Entry

Notes Payable

Office Expense

Prepaid Expenses

Prepaid Insurance

Purchase Discounts

Repairs and Maintenance Expense

Revaluation Gain or Loss

Revaluation Surplus (AOCI)

Revaluation Surplus (OCI)

Revenue - Government Grants

Salaries and Wages Expense

Sales Revenue

Service Revenue

Supplies

Tenant Deposits Liability

Vehicle Overhaul

Vehicles

A partial statement of financial position of Blossom Ltd. on December 31,2022, showed the following property, plant, and equipment assets accounted for under the cost model (accumulated depreciation includes depreciation for 2022): Blossom uses straight-line depreciation for its building (remaining useful life of 20 years, no residual value) and for its equipment (remaining useful life of 8 years, no residual value). Blossom applies IFRS and has decided to adopt the revaluation model for its building and equipment, effective December 31, 2022. On this date, an independent appraiser assessed the fair value of the building to be $149,000 and that of the equipment to be $110,000. (a) Prepare the necessary general journal entries, if any, to revalue the building and the equipment as at December 31 , 2022, using the asset adjustment method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Prepare the entries to record depreciation expense for the year ended December 31, 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) (To record depreciation expense for Equipment) eTextbook and Media List of Accounts Attempts: 2 of 3 used (c1) Prepare the necessary general journal entries, if any, to revalue the building and the equipment as at December 31,2022 , using the proportionate method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Do not round intermediate calculations. Round final answers to 0 decimal places, e.g. 5,275.)