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WRITE THE ACCOUNT NAMES: Coco's Computers purchases a new computer-making machine for her business. The equipment uses a mechanical arm to connect computer parts into
WRITE THE ACCOUNT NAMES:
Coco's Computers purchases a new computer-making machine for her business. The equipment uses a mechanical arm to connect computer parts into a full unit. Using the information provided, record the correct journal entry for each scenario. Assume Coco pays for everything in cash. Coco pays $250 to have the equipment transported to her assembly plant. Dr. Cr. Coco pays a technician $150 to perform routine maintenance on the equipment. Dr. Cr. . Coco decides to add a second operating arm to the equipment, costing $900. The addition allows the machine to assemble computers at twice the previous speed. Dr. Cr. Coco notices that one of the "hands" on her machine has come loose. She pays a mechanic $150 to repair the equipment. Dr. CrStep by Step Solution
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