Marigold Ltd. owned several manufacturing facilities. On September 15 of the current year,...
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Marigold Ltd owned several manufacturing facilities. On September of the current year, Marigold decided to sell one of its manufacturing buildings. The building had cost $ when originally purchased years ago and had been depreciated using the straightline method with no residual value. Marigold estimated that the building had a year life when purchased. a Prepare the journal entry to record the sale of the building on Marigold's books, assuming years of depreciation has already been recorded in the accounts to the date of disposal. The building was sold for $ cash. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries. Date Account Titles and Explanation Debit Credit Sept. 
Marigold Ltd owned several manufacturing facilities. On September of the current year, Marigold decided to sell one of its manufacturing buildings. The building had cost $ when originally purchased years ago and had been depreciated using the straightline method with no residual value. Marigold estimated that the building had a year life when purchased.
a
Prepare the journal entry to record the sale of the building on Marigold's books, assuming years of depreciation has already been recorded in the accounts to the date of disposal. The building was sold for $ cash. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
Date Account Titles and Explanation
Debit
Credit
Sept.
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