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On January 1, 2019, a company purchased equipment for $70,000. The equipment is expected to last four years and to have a salvage value of

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On January 1, 2019, a company purchased equipment for $70,000. The equipment is expected to last four years and to have a salvage value of $15,000. In the December 31, 2019 adjusting entry, the company would: On April 10, Daniels Company purchased merchandise from Harris Company with an invoice price of $4,000 on credit terms of 2/10,n/30. On April 11. Daniels returned $900 of the merchandise to Harris. On April 20, Daniels paid the amount due to Harris. How much cash did Daniels pay to Harris on April 20? In preparing a bank reconciliation, what would you do if there was a $190 deposit in transit? Add $190 on the book side. Subtract $190 on the bank side. Subtract $190 on the book side. Add $190 on the bank side

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