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repare the journal entry for the following transaction. Apr. 15Last year, Titan Corporation's board of directors appropriated $150,000 for the purchase of a new storage

repare the journal entry for the following transaction.

Apr. 15Last year, Titan Corporation's board of directors appropriated $150,000 for the purchase of a new storage facility over a three-year period. This year's appropriation for $50,000 was made on this date.

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