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til X Partial balance sheet hic Property, plant, and equipment, at cost: Land $ 150,000 703,000 bit Buildings Less: Accumulated depreciation Equipment Less: Accumulated depreciation (340,000) 400,000 (267,000) Print Done Depreciation information On July 1 2022, the resort expanded operations and purchased additional equipment for cash at a cost of $105,000. The company depreciates buildings using the straight-line method over 20 years with residual values of $88,000. Due to expected obsolescence, the equipment has a useful life of only 10 years and is being depreciated by the double-declining-balance method with a residual value of zero. Print Done Requirement. Jumat Bruno Le Resorts passt purchase and erection actions 2002. Pecords, there is one or Why the count es provided in the probiotement. Ce your spengary and do not read Begin by oumang the last furcase Journal Date Accounts Det Credit Next, Journalize the depreciation on the buildings, Journal Entry Date Accounts Debit Credit Now journalize the depreciation on the equipment. Journal Entry Date Accounts Debit Credit Requirement 2. Report on the December 31, 2022. bace sheet user exccutanes provided in the problems. Check your and decorate accountane Balance sheet Property and Cels Total property pantandement