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Mark Tool Company during January the first month of operations accumulated the following costs: a) Purchased raw materials on account / on credit $8,000; b)
Mark Tool Company during January the first month of operations accumulated the following costs: a) Purchased raw materials on account / on credit $8,000; b) Paid factory wages $10,000; and c) Utilities payable $4,000. d) Depreciation machinery $6,000 Prepare separate entries for each of the above:
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