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Question 4 University of White boards spends $1000 on white board marker pens for lecturers in February 2020 These will be distributed in the first

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Question 4 University of White boards spends $1000 on white board marker pens for lecturers in February 2020 These will be distributed in the first week of February 2020 and expect to be used up before the end of the financial year , 30 June 2020. Are the pens an expense or asset? What would the Journal entry be

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