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Having issues with this one....they want adjusting entries, but i'm not sure what they're asking...thanks On August 31, 20X5, Yum-Yum paid $9,000 in overhaul costs
Having issues with this one....they want adjusting entries, but i'm not sure what they're asking...thanks On August 31, 20X5, Yum-Yum paid $9,000 in overhaul costs for its delivery truck in Vancouver. It is estimated that the cost of the old, replaced components was $12,000 with $9,900 accumulated depreciation. The annual maintenance costs for the truck totalled $3,600. All costs were expensed as vehicle expense. |
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