The following information was adapted from ABS's 2009 annual report: Depreciation Expense for 2009 was $31. Capital Expe
Posted: Wed Jul 06, 2022 6:09 am
The following information was adapted from ABS's 2009 annual report:
Depreciation Expense for 2009 was $31. Capital Expenditures on buildings totaled $116 and proceeds from the sale of buildings totaled $3 in 2009. Prepare the journal entry to record the sale of buildings by ABS in 2009.
Depreciation Expense for 2009 was $31. Capital Expenditures on buildings totaled $116 and proceeds from the sale of buildings totaled $3 in 2009. Prepare the journal entry to record the sale of buildings by ABS in 2009.