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Snowbot Snow Removal Company of Halifax purchased some snowplow equipment on March 10, 2023, that had a cost of $260,000 (ignore GST/PST). Prepare the
Snowbot Snow Removal Company of Halifax purchased some snowplow equipment on March 10, 2023, that had a cost of $260,000 (ignore GST/PST). Prepare the journal entries that would record this purchase and payment under these three separate situations. a. The company paid cash for the full purchase price. View transaction list Journal entry worksheet 1 Record the purchase of equipment for cash. Note: Enter debits before credits. Date Mar 10, 2023. General Journal Debit Credit Record entry Clear entry View general journal
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