Question: Cunningham Bakeries needs new racks and a refrigeration unit in its existing ... unit in its existing delivery van to begin delivering ice cream cakes
Cunningham Bakeries needs new racks and a refrigeration unit in its existing ... unit in its existing delivery van to begin delivering ice cream cakes. It paid the total cost of the asset modification, $15,000, in cash. In addition, Cunningham took its delivery van in for service and paid $60 cash for an oil change and tire rotation.
what is the journal for the asset modification ?
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