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Calculate accumulated depreciation with steps

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Question - On February 28, the company closed a deal to sell an office building for $4,580 in cash at a significant gain of $2,115. The building was temporarily rented to another company before it was sold. The building was purchase in 1980 for a total cost of $5,675.

Required - Calculate accumulated depreciation with steps and how this entry would be entered in the journal sheet?

Reference no: EM133120944

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