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988.23.72/ed Mtps://w.dde.pe/ 1Gmail YouTube 9 Maps chapters 1-2-3 On October 1, 2021, a company purchases equipment for $72,000. The equipment is expected to be

988.23.72/ed Mtps://w.dde.pe/ 1Gmail YouTube 9 Maps chapters 1-2-3 On October 1, 2021, a company purchases equipment for $72,000. The equipment is expected to be used for the months). What adjusting entry should the company record on December 31, 2021? Multiple Choice Debit Depreciation Expense and credit Cash for $72,000.

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