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ADDITIONAL ENTRIES There are ten (10) additional journal entries below. You need to do at least five (5) entries for full credit. Any additional entries

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ADDITIONAL ENTRIES There are ten (10) additional journal entries below. You need to do at least five (5) entries for full credit. Any additional entries after the five (5) would be considered extra credit Choptank Industries purchased equipment valued at $92,000, putting down $15,000 cash and the balance on account. Mobart Industries used straight-line depreciation on equipment purchased for $95,000 with a $5,000 residual value and a 4 year useful life. Calculate the annual depreciation for the entry. Coobid Company had cash sales of $600 that were subject to 7% sales tax. Vendi Corp. received cash of $7,500 for its sales on account. eroost Company purchased $3,341 of supplies on account. At the end of the they had $1,450 worth of supplies left. Give the adjusting entry only. all 2017

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