Question: A new coffee machine is received and installed at a Starbucks store on January 31; a $1.000 cash payment is made on the same day

A new coffee machine is received and installed at a Starbucks store on January 31; a $1.000 cash payment is made on the same day to the supplier. Starbucks should recognize $1000 expense on Januray 31. True or False True False

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