Points: 2.5 of 5 Putnam Freight purchased a building to $1,200,000 and deprecated on a straight line basis over a 30 yea

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Points 2 5 Of 5 Putnam Freight Purchased A Building To 1 200 000 And Deprecated On A Straight Line Basis Over A 30 Yea 1 (13.23 KiB) Viewed 36 times

Points: 2.5 of 5 Putnam Freight purchased a building to $1,200,000 and deprecated on a straight line basis over a 30 year period. The estimated residual was $150.000 Aher using the building for 15 years, Putamalized that and tear on the building would force the company to replace 2 belore 30 years Starting with the sixteenth year, Putnam began depreciating the building over a revised total of 20 years and incased the stated residual values $215 000 Record depreciation expense on the buildeg for years 15 and 16 (acord deblo fest, then oeds Exclude explanation om at pa Dale Journal Entry Accounts Adalad pria bulding ♥ Save Dubl