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Please help me solve this problem as soon as possible.Thank you! PB9-3 Analyzing and Recording Long-Lived Asset Transactions with Partial-Year Depreciation LO 9-2, LO 9-3,
Please help me solve this problem as soon as possible.Thank you!
PB9-3 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.] Randy's Restaurant Company (RRC) entered Into the following transactions during a recent year. Ap1 Purchased a new food locker for $7.600 by paying $2,300 cash and signing a $5,300 note due In slx months. Aprl 2 Installed an alr-conditioning system In the food locker at a cost of $4,300, purchased on account. April 30 Wrote a check for the amount owed on account for the work completed on April 2 May1 A local carpentry company repaired the restaurant's front door, for which RRC wrote a check for the full $250 cost. Pald $12,240 cash for the rights to use the name and store concept created by a different restaurant that has been successful In the region. For the next four years, RRC will operate under the Mullet Restaurant name, with the slogan "business customers in the front, and partiers in the back." June1Step by Step Solution
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