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SuNO contracted repairs of its computers at an estimated cost of $30,000.00. Required: Provide the journal entries to commit the funds to meet the repair

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SuNO contracted repairs of its computers at an estimated cost of $30,000.00. Required: Provide the journal entries to commit the funds to meet the repair expenditure The repairs are completed and the contractor submitted a bill of $25,000.00 Provide the necessary journal entries to recognize the work done. Use Vouchers Payable to accrue the liability

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