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McKeever Auto EV manufactures parts for electric cars. McKeever Auto reports the following for September: TRANSACTION A McKeever Auto purchases $54,000 in raw materials on
McKeever Auto EV manufactures parts for electric cars. McKeever Auto reports the following for September: TRANSACTION A McKeever Auto purchases $54,000 in raw materials on account/credit B McKeever Auto pays $10,000 in cash for factory electricity. C McKeever Auto owes its factory assembly line laborers $32,000 (hint: has not paid them yet, but will in future) D McKeever Auto paid $25,000 cash in Research and Development (R
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