Flaherty Company had the following two transactions related to its delivery truck. 1. Paid $45 for an
Question:
1. Paid $45 for an oil change.
2. Paid $400 to install special gear unit, which increases the operating efficiency of the truck.
Prepare Flaherty’s journal entries to record these two transactions.
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Related Book For 
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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