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please give correct answer 3. In January 2023 Codd Equipment confirmed supplying to Dodd Sales equipment at $750,000 selling price (ignore HST). The Sale will
please give correct answer
3. In January 2023 Codd Equipment confirmed supplying to Dodd Sales equipment at $750,000 selling price (ignore HST). The Sale will also include delivery and installation charges worth $25,000, but now free to Dodd Sales. The equipment was delivered at end of January but installed at end of February. The cost of the equipment is $400,000 and Codd Equipment uses the Contract based approach. Required: Prepare all the journal entries in January and February. (10 marks)Step by Step Solution
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