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PA9-3 Analyzing and Recording Long-Lived Asset Transactions with Partial-Year Depreciation LO 9-2, LO 9-3, LO 9-6] The following information applies to the questions displayed below.
PA9-3 Analyzing and Recording Long-Lived Asset Transactions with Partial-Year Depreciation LO 9-2, LO 9-3, LO 9-6] The following information applies to the questions displayed below. Precision Construction entered into the following transactions during a recent year. January 2 Purchased a bulldozer for $284,000 by paying $37000 cash and signing a $247000 note due in five years. January January February March 3Replaced the steel tracks on the bulldozer at a cost of $37,000, purchased on account. 30 Wrote a check for the amount owed on account for the work completed on January 3. Replaced the seat on the bulldozer and wrote a check for the full $2,500 cost 1 Paid $13,800 cash for the rights to use computer software for a two-year period
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