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Business, 05.03.2020 21:34 selene29

Fun TimeFun Time Amusement Park paid $ 320 comma 000$320,000 for a concession stand. Fun TimeFun Time started out depreciating the building using the straight-line method over 2020 years with a residual value of zero. After using the concession stand for fourfour years, Fun TimeFun Time determines that the building will remain useful for only fourfour more years. Record Fun TimeFun Time's depreciation on the concession stand for year fivefive using the straight-line method. (Record debits first, then credits. Exclude explanations from any journal entries.)

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