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Onslow Company purchased a used machine for $240,000 cash onJanuary 2. On January 3, Onslow paid $10,000 to wire electricity tothe machine. Onslow paid an

Onslow Company purchased a used machine for $240,000 cash onJanuary 2. On January 3, Onslow paid $10,000 to wire electricity tothe machine. Onslow paid an additional $2,000 on January 4 tosecure th 2 answers

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