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Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box retail stores. Prepare Costco's journal entries for each of
Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box retail stores. Prepare Costco's journal entries for each of the following transactions: 1. Costco purchase equipment in exchange for cash of $21,200. 2. Costco provide services to customers and receive cash of $6,000. 3. Costco current month's rent of $1,700. 4. Costco purchase office supplies on account for $1,000. 5. Costco pay employee salaries of $2,000 for the current month.
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