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Splish Company constructed a building at a cost of $ 2 , 7 2 8 , 0 0 0 and occupied it beginning in January
Splish Company constructed a building at a cost of $ and occupied it beginning in January It was estimated at that
time that its life would be years, with no salvage value.
In January a new roof was installed at a cost of $ and it was estimated then that the building would have a useful life
of years from that date. The cost of the old roof was $ What entry should be made in to record the replacement of the roof? If no entry is required, select No entry" for the account
titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all
debit entries before credit entries.
Account Titles and Explanation
Debit
Credit
To record the disposition of the old roof.
To record the installation of the new roof.
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