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Capital and Revenue Expenditures On August 7, GTS Co. paid $2,750 to install a hydraulic lift and $38 for an air filter for o of

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Capital and Revenue Expenditures On August 7, GTS Co. paid $2,750 to install a hydraulic lift and $38 for an air filter for o of its delivery trucks. Journalize the entries for the new lift. August 7 Journalize the entry for air filter expenditures. August 7

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