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ResidualAcquisition Useful Life Depreciation Method Used Double-declining-balance Asset Buildings $900,000 Office Equip. 246,000 26,000 January 3 Store Equip, 112,000 12,000 July Cost Value Date in

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ResidualAcquisition Useful Life Depreciation Method Used Double-declining-balance Asset Buildings $900,000 Office Equip. 246,000 26,000 January 3 Store Equip, 112,000 12,000 July Cost Value Date in Years $0 January 2 5Straight-line 10Straight-line Description Debit Credit Depreciation Expense Buildings v Depreciation Expense-office Equipmsent v Depreciation Expense-Store Equigment Accumulated Deprediation-Buildings v Accumulated Depreciation-off Accumulated Depreciation-store Eetuprnent ice Eavipnment V

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