Firefly Company had the following two transactions related to its delivery truck. 1. Paid $45 for an

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Firefly Company had the following two transactions related to its delivery truck.
1. Paid $45 for an oil change.
2. Paid $400 to install special shelving units, which increase the operating efficiency of the truck. Prepare Firefly’s journal entries to record these two transactions.


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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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