Question: Please solve 1 and 2 1 . Record the cost of modernization of the store for $ 1 1 5 , 0 0 0 cash

Please solve 1 and 2
1. Record the cost of modernization of the store for $115,000 cash
2. Record the year and adjusting entry for the amortization expense of the leasehold improvements.
Please solve 1 and 2 1. Record the cost of modernization

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