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View Policies Show Attempt History Current Attempt in Progress On January 1 , 2 0 1 9 , Sunland Company purchased a building and machinery
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On January Sunland Company purchased a building and machinery that have the following useful lives, salvage value, and
costs.
Building, year estimated useful life, $ cost $ salvage value
Machinery, year estimated useful life, $ cost no salvage value
The building has been depreciated under the straightline method through In the company decided to switch to the
doubledeclining balance method of depreciation for the building. Sunland also decided to change the total useful life of the machinery
to years, with a salvage value of $ at the end of The machinery is depreciated using the straightline method.
a
Your answer is correct.
Prepare the journal entry necessary to record the depreciation expense on the building in 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 manuallv list debitentrv beforecreditentrv
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