useful only $14$ more years. Starting with the $21$ st year, Designing began depreciating the building over a revised total life of $34$ years and decreased the residual value to $$18,100.$

Requirement

Record depreciation expense on the building for years $20$ and $21.($Record debits first, then credits. Exclude explanations from any journal entries.$)$

Start by recording depreciation expense on the building for year $20.$

Journal

Now record depreciation expense on the building for year $21.$

Journal