The following information applies to the questions displayed below.
Hero Sandwich Shop had the following longterm asset balances as of January :
tableCosttableAccumulatedDepreciationBook Value,Land$$
For the year ended December third year record depreciation expense for buildings and equipment. Land is not depreciated. If no entry is required for a transactionevent select No Journal Entry Required" in the first account field. Record deprecation of the building then equipment.
For the year ended December record amortization expense for the patent. If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
