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Recording Donated Assets Pitt Company received a vacant building as a donation. The building has an original cost of $80,000 on the donor's books and
Recording Donated Assets Pitt Company received a vacant building as a donation. The building has an original cost of $80,000 on the donor's books and was 25% depreciated. The building is appraised at $64,000. Record Pitt Company's journal entry related to the donated building. Account Name Dr. Cr. . 0 0 A 0 0
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