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Accounting
I couldn't fit it onto one screenshot, this is all ONE question.
Requirements b. Journalize all the costs chargeable to the building in a single entry. 1. Journalize transactions for the following (explanations are not required): a. Purchase of the land b. All the costs chargeable to the building in a single entry c. Depreciation on the building for 2021 2. Report Chang's plant assets on the company's balance sheet at December 31, 2021. 3. What will Chang's income statement for the year ended December 31,2021 , report for these facts? c. Journalize depreciation on the building for 2021 . Requirement 2. Report Chang's plant assets on the company's balance sheet at December 31, 2021. Balance Sheet Plant assets: Requirement 3. What will Chang's income statement for the year ended December 31, 2021, report for these facts? Income Statement
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