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General Supplementary Problems 10.29 Company V purchases a machine for $4,000. It incurs installation costs of $100, delivery charges of $80, testing costs of

General Supplementary Problems 10.29 Company V purchases a machine for $4,000. It incurs installation costs of $100, delivery charges of $80, testing costs of $75, and interest on a loan of $200. Prepare the necessary entries for these costs.

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