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Bramble Corporation purchased a computer on December 31,2024 , for $134,400, paying $38,400 down and agreeing to pay the balance in five equal installments of

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Bramble Corporation purchased a computer on December 31,2024 , for $134,400, paying $38,400 down and agreeing to pay the balance in five equal installments of $19,200 payable cach December 31 beginning in 2025. An assumed interest rate of 8% is implicit in the purchase price. (a) 2 Your answer is partially correct. Prepare the journal entry at the date of purchase. (Round factor values to 5 decimal places, es. 1.25124 and final answers to 2 decimal ploces, e. 5. 52.75. Credit occount titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Ust all debit entries before credit entrles.)

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