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Instructions: Prepare the following for Machine A: a . The journal entry to record its purchase on January 1 , 2 0 2 0 .

Instructions:
Prepare the following for Machine A:
a. The journal entry to record its purchase on January 1,2020.
b. The journal entry to record annual depreciation at December 31,2020.
c. The journal entry to record annual depreciation at December 31,2020, assuming Machine A
was purchased May 1,2020 instead of January 1,2020.
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