June 30th sold a computer that was purchased on january 1

Reference no: EM13566861

(a) Compute the revised annual depreciation on each asset in 2014

(b) Prepare the entrie(s) to record depreciation on the building in 2014.

June 30th: "Sold a computer that was purchased on January 1, 2011. The computer cost $40,000. It has a useful life of 5 years with no salvage value. The computer was sold for $14,000."

Reference no: EM13566861

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