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Capital and Revenue Expenditures On August 7, Rocket Co. paid $2,270 to install a hydraulic lift and $51 for an air filter for one of

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Capital and Revenue Expenditures On August 7, Rocket Co. paid $2,270 to install a hydraulic lift and $51 for an air filter for one 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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