Tong Company had the following two transactions related to its delivery truck. 1. Paid $45 for an
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1. Paid $45 for an oil change.
2. Paid $580 to install special gear unit, which increases the operating efficiency of the truck.
Prepare Tong's journal entries to record these two transactions.
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Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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