Business, 22.01.2020 22:31 gingerham1

On january 1 of this year, diaz boutique pays $105,000 to modernize its store. improvements include new floors, ceilings, wiring, and wall coverings. these improvements are estimated to yield benefits for 10 years. diaz leases (does not own) its store and has eight years remaining on the lease. prepare the entry to record the cost of modernization and amortization at the end off this current year.

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On january 1 of this year, diaz boutique pays $105,000 to modernize its store. improvements include...