Points: $0\mathrm{.}4$ of $1$

June $30,2021.$ Lee's depreciates the building using the straight$-$line method over $35$ years, with estimated residual value of $$341,000.$

Read the requirements.

b$.$ Journalize all the costs chargeable to the building in a single entry.

Journal Entry

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[,$Building,$757,780,],[,$Cash,,$47,780],[,$Note Payable,,$710,000]]$

c$.$ Journalize depreciation on the building for $2021.$

Journal Entry

$\backslash$table$[[$Date Accounts$],[$