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5- What are the Journal entries required (For year 2018) for the following scenario: (15 pts) The company has purchased a forklift for the amount

5- What are the Journal entries required (For year 2018) for the following scenario: (15 pts)
The company has purchased a forklift for the amount of SR 35,000 on credit from supplier xyz on 1st of April 2018 to be depreciated over a period of 4 years.

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