# Homework: Module 6 Homework Chapter 9 core: 0 of 1 pt E9-21 (similar to) 10f 20...

###### Question:

Homework: Module 6 Homework Chapter 9 core: 0 of 1 pt E9-21 (similar to) 10f 20 completely HW Score: 0%, 0 of 2 Question Help Wholesale Hardware Consultants purchased a building for $668.000 and deprecated on a straight-line basis over a 40 year period. The estimated residual value is$08,000. Aer using the building for 15 years, Wholesarealed that wear and tear on the building would wear out before 40 years and that the imated residual value should be \$82.000. Starting with the 16th year, Wholesale began depreciating the building over a revised toile of 25 years using the new residual value. Joumalize depreciation expense on the building for years 15 and 16. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Begin by oumalizing the depreciation on the building for year 15. Accounts and Explanation Debit Credit

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