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Viezuchter replaced the sold equipment with a $30000 new machine and made repairs to some preexisting equipment for $10000 to keep the equipment at full
Viezuchter replaced the sold equipment with a $30000 new machine and made repairs to some preexisting equipment for $10000 to keep the equipment at full capacity. The new equipment has a useful life of 3 years and no estimated salvage.
what will be the journal entry ?
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