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Feedback Timer Notes Evaluate Feedback Print Transaction 8 Info On March 1, fixtures and equipment were purchased for $5,000 with a downpayment of $2,000 and

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Feedback Timer Notes Evaluate Feedback Print Transaction 8 Info On March 1, fixtures and equipment were purchased for $5,000 with a downpayment of $2,000 and a $3,000 note, payable in one year. Interest of 5.5% per year was due when the note was repaid. The estimated life of the fixtures and equipment is 10 years with no expected salvage value. (Note: Record the complete entry for the March 1 equipment purchase first, the March 31 depreciation adjusting entry second, and the March 31 interest adjusting entry third. Also, round all answers to the nearest cent.) Account: Fixtures and Equipment Dollar amount: 6000 Account: Cash Dollar amount: -2000 Account: Notes Payable Dollar amount: 3000 Account: Fixtures and Equipment Dollar amount: -41,67 Account: Retained Earnings Dollar amount: -41.67 Account: Interest Payable Dollar amount: -11.26 Account: - 11.25 Dollar amount: Retained Earnings Dollar amount: Foll-Leave%20Blank Account: Leave Blank Submit Answer Incorrect. Tries 4/8 Previous Tries ... ......... Mu noneral references on what is marked as NEW

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