a Annual depreciation, using Straight Line depreciation b Gain or loss on sale c Necessary journal entries for sale 1 Building purchased on 1 1 xx 900,000 Estimated Useful life 20 years Estimated residual value 80,000 At end of 3rd year sold building for 775,000 Annual Depreciation Gain Loss on Sa...

Answer a Annual Depreciation using StraightLine Depreciation 1 Building Cost of Building 900000 Resi ...

a. Annual depreciation, using Straight-Line depreciation b. Gain or loss on sale c. Necessary journal entries...

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a. Annual depreciation, using Straight-Line depreciation b. Gain or loss on sale c. Necessary journal entries...

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