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merchandise was $2,000. Oct 2 Purchased cash registers (Store Equipment) on account from Ring Up Company, $7,200, with terms N/30. Useful life is three years,

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merchandise was $2,000. Oct 2 Purchased cash registers (Store Equipment) on account from Ring Up Company, $7,200, with terms N/30. Useful life is three years, salvage value is $0, straight-line depreciation. 3

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