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One answer is not correct. In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generation of widgets. Match each expenditure

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One answer is not correct.

In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generation of widgets. Match each expenditure to the appropriate accounting treatment on the right. C.v Takes possession of a widget-manufacturing A. Expense. machine. The vendor sends an invoice for B. No accounting entry is necessary. $550,000. C. Capitalize to the Machine account. D. Pays sales tax of $33,000 on the machine to the D. Capitalize to a different asset account. government A. v Pays employees $95,000 for research and development to finalize the widget design. C. ~ Receives an invoice for $4,250 from the company that shipped the machine. C. Pays employees $16,500 to install, customize, and test the widget-manufacturing machine. D. Pays $3,000 for a one-year warranty insurance) plan for the machine, with coverage beginning when the machine is placed into service on February 1

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