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Required: 1. For the year ended December 31, 2018, record depreciation expense for buildings and equipment. Land is not depreciated. (If no entry is required
Required: 1. For the year ended December 31, 2018, record depreciation expense for buildings and equipment. Land is not depreciated. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the depreciation on the building Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 3. Calculate the book value for each of the four long-term assets at December 31, 2018 SOLICH SANDWICH SHOP December 31, 2018 Book value Land Building Equipment Patent
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