Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

Exercise 16

Lump sum asset purchases, partial year depreciation, and impairments
Gretta Chung Associates surveys American eating habits. The company's accounts include Land, Buildings, Office equipment, and Communication equipment, with a separate accumulated depreciation account for each asset. During 2012 and 2013, Gretta Chung completed the following transactions:

Requirement
1. Record the transactions in the journal of Gretta Chung Associates.