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L. Briggs Co. placed the following assets in service during 2019: warehouse building costing $125,000...

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Accounting

L. Briggs Co. placed the following assets in service during 2019: warehouse building costing $125,000 in October, computer equipment costing $75,000 in July and office furniture costing $95,000 in November. Determine the appropriate convention to be used for each item.

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