At its December $31,2022,$ year$-$end, Athletic Apparel had a warehouse with an adjusted book value of $$298,500$ and an estimated remaining useful life of $15$ years and residual value of $$96,000.$ Because of pick$-$up and delivery issues at the warehouse, a contractor was hired to construct a new door into the east wall during the week of January $5,2023,$ for $$31,500$ on account. The estimated useful life of the door is $15$ years with an estimated residual value of $$8,100.$ Athletic uses the straight$-$line method to depreciate assets.

Required:

Record the installation of the new door.

Journal entry worksheet

$1$

Record addition of door on East wall of warehouse.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$January $05,2023,,,],[,,,],[,,,]]$

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