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The Putnam Company just purchased several assets and paid for them with cash. Requirement: Prepare the journal entry to record the following assets purchased $5,000
The Putnam Company just purchased several assets and paid for them with cash.
Requirement:
- Prepare the journal entry to record the following assets purchased
- $5,000 of Supplies
- $10,000 of Inventory
- A truck which cost $25,000
- A Snow Plow which costs $42,000
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