34 Chapter 8 Homework Help Save & Exit Submit Check my work 7 Ok Company pays $300.300 for equipment expected to last four years and have a $30,000 salvage value. Prepare journal entries to record the following costs related to the equipment 15 po 1. Paid $29.000 cash for a new component that increased the equipment's productivity 2. Pald $7.250 cash for minor repairs necessary to keep the equipment working well 3. Paid $21,950 cash for sgrificant repairs to increase the useful le of the equipment from four to seven years. View transaction et Hire Journal entry worksheet Record the buttormert cost of $29.000 paid in cas Gener Journal Debit Credit Transaction 1 ME Gr Hill 3.4 Chapter 8 Homework Sed Help Save & Exit Submit Check my work 7 Ok Company pays $300.300 for equipment expected to fast four years and have a $30,000 salvage value. Prapar journal entries to record the following costs related to the equipment 1. Paid $20.000 cash for a new component incromed the equipment productivity 2. Paid $7.250 cash for minor repairs necessary to keep the equipment worlong wel 3. Paid $21.950 cash for significant repairs to increase the useful tre of the equipment from four to seven years. vies translation Journal entry worksheet 34 Chapter 8 Homework S Help Save & Submit Check my w 7 Owl Company pays $300.300 for equament expected to last four years and have a $30,000 salvage value. Prepare Journal entries to record the following costs related to the equipment 15 1. Paid $29.000 cash for a new component that increased the equipment's productivity 2. Paid 57,250 cash for minor repales necessary to keep the equipment worlong we 3. Paid $21,950 cash for sgnificant repairs to increase the useful life of the equipment from four to seven years. View trail 0 19 19 ) Journal entry worksheet > Record the cost of agricant repairs of $21.950 paid in cash to increase the useful life of the equipment twarded Gews Journe Der Credit Transaction 3 M GEN Dil