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Mystic Pizza Company purchases a franchise from NY Pizzeria Inc. for $108,000 on June 1, 2019. The franchise will last 9 years. Required: Record Mystic

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Mystic Pizza Company purchases a franchise from NY Pizzeria Inc. for $108,000 on June 1, 2019. The franchise will last 9 years. Required: Record Mystic Pizza's purchase of the franchise on June 1 and adjusting entry at the end of 2019. 1 2 3 4 DATE GENERAL JOURNAL ACCOUNT TITLE POST. REF. DEBIT PAGE 1 CREDIT

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