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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 The company acquired a building on that date for $ The useful life of the building is years and the salvage value is $ This is Wildhorse's only building. If the company uses straightline method depreciations, the adjusting journal entry to record depreciation on the building at December is; a debit accumulated depreciationbuilding and credit depreciation expense,$ b debit building and credit cash, $ c debit depreciation expense and credit accumulated depreciationbuilding $ d debit depreciation expense and credit accumulated depreciation building,$
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