Question
The Building has a twenty-year life and a $10,000 salvage value. The Equipment has a five-year useful life and no salvage value. On the Dec
The Building has a twenty-year life and a $10,000 salvage value. The Equipment has a five-year useful life and no salvage value. On the Dec 23 Trial Balance:
| 111 | Building | 150,000 | |
| 112 | Accumulated Depreciation - Building | 56,000 | |
| 115 | Equipment | 65,000 | |
| 116 | Accumulated Depreciation - Equipment | 39,000 |
make the end of year adjusting entries?
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
