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2. Assume that a town places an order for a truck with an estimated cost of $39,850. When the truck is delivered, the actual cost

2. Assume that a town places an order for a truck with an estimated cost of $39,850. When the truck is delivered, the actual cost is $45,600. Required: Prepare the journal entry to record the issuance of the purchase order and its payment when the truck is delivered.

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