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Flaherty Company had the following two transactions related to its delivery truck. 1.Paid $170 for an oil change. 2.Paid $400 to install a special gear

Flaherty Company had the following two transactions related to its delivery truck.

1.Paid $170 for an oil change.

2.Paid $400 to install a special gear unit, which increases the operating efficiency of the truck.

Prepare Flaherty's journal entries to record these two transactions.

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