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BE 9-5 Capital and Revenue Expenditures Obj. 2 On February 14, Garcia Associates Co. paid $2,300 to repair the transmission on one of its
BE 9-5 Capital and Revenue Expenditures Obj. 2 On February 14, Garcia Associates Co. paid $2,300 to repair the transmission on one of its delivery vans. In addition, Garcia paid $450 to install a GPS system in its van. Journalize the entries for the transmission and GPS system.
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