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The following transactions and adjusting entries were completed by a paper - packaging company called Gravure Graphics International. The company uses straight - line depreciation
The following transactions and adjusting entries were completed by a paperpackaging company called Gravure Graphics
International. The company uses straightline depreciation for trucks, buildings, and other vehicles, and straightline amortization for
patents.
Required:
Prepare the journal entries required on each of the above dates. If no entry is required for a transactionevent select No Journal
Entry Required" in the first account field. Do not round intermediate calculations.
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