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Select all of the following transactions that would result in an expense of $10,000 this year. Land is purchased for $10,000 cash A production tool
Select all of the following transactions that would result in an expense of $10,000 this year. Land is purchased for $10,000 cash A production tool is purchased for $10,000 cash Wages of $10,000 that were earned by employees last year are paid this year An ad in a magazine is purchased for $10,000 this year The company's private jet is depreciated by $10,000 A bond is issued this year. In ten years the company must pay the bond holder $10,000. Inventory that was purchased for $10,000 last year is sold this year
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