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Capital and Revenue Expenditures On February 13, GTS Co. paid $1,950 to install a hydraulic lift and $33 for an air filter for one of

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Capital and Revenue Expenditures On February 13, GTS Co. paid $1,950 to install a hydraulic lift and $33 for an air filter for one of its delivery trucks. Journalize the entries for the new lift. February 13 Journalize the entry for air filter expenditures. February 13

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