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Crane Ltd. purchased an electric wax melter on April 30, 2023, by trading in its old gas model and paying the balance in ca following
Crane Ltd. purchased an electric wax melter on April 30, 2023, by trading in its old gas model and paying the balance in ca following data relate to the purchase: Assuming that Crane's fiscal year ends on December 31 and depreciation has been recorded through December 31, 2022, journal entries that are necessary to record this exchange. (Credit account titles are automatically indented when the amount i not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries entries.) Account Titles and Explanation Debit Credit (To record depreciation expense to date of exchange) (To record depreciation expense to date of exchange)
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