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Schneider Company purchases a building for 6 6 , 0 0 0 . The building ahs an estimated useful life of 6 years and no
Schneider Company purchases a building for The building ahs an estimated useful life of years and no residual value. Schneider Company records depreciation expense every year based on the straightline method. As of after recording depreciation expense for that year, schneider company sells the building for cash. What journal entry should they record for the sale of the asset
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