The Coffee’s Spot depreciation expense was $1,600 for its building for the 2020 fiscal year. Prepare the journal entry to record the expense if the company’s fiscal year ends September 30, 2020.

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Answer:

Explanation:

The Coffee’s Spot depreciation expense was $1,600 for its building for the 2020 fiscal year. Prepare the journal entry to record the expense if the company’s fiscal year ends September 30, 2020.