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A Company Purchased Office Equipment for $24,500 and Paid $1,470

Question 57

Multiple Choice

A company purchased office equipment for $24,500 and paid $1,470 in sales tax, $550 for installation, $3,200 for a needed adjustment to the equipment, and $2,600 for supplies that will be used for periodic routine
Maintenance. What is the journal entry to record this purchase? A company purchased office equipment for $24,500 and paid $1,470 in sales tax, $550 for installation, $3,200 for a needed adjustment to the equipment, and $2,600 for supplies that will be used for periodic routine Maintenance. What is the journal entry to record this purchase? A) Option: A B) Option: B C) Option: C D) Option: D


A) Option: A
B) Option: B
C) Option: C
D) Option: D

Correct Answer:

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