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Wildhorse Inc. began operations on October 1 , 2 0 2 5 . The company acquired a building on that date for $ 4 0

Wildhorse Inc. began operations on October 1,2025. The company acquired a building on that date for $404000. The useful life of the building is 25 years and the salvage value is $44300. This is Wildhorse's only building. If the company uses straight-line method depreciations, the adjusting journal entry to record depreciation on the building at December 31,2025 is; a. debit accumulated depreciation-building and credit depreciation expense,$14388 b. debit building and credit cash, $404000 c. debit depreciation expense and credit accumulated depreciation-building $3597 d. debit depreciation expense and credit accumulated depreciation building,$14388

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