On August 7, Green River Inflatables Co. paid $1,675 to install a hydraulic lift and $40 for an air filter for one of its delivery trucks. Journalize the entries for the new lift and air filter expenditures.

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter10: Cost Recovery On Property: Depreciation, Depletion, And Amortization
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On August 7, Green River Inflatables Co. paid $1,675 to install a hydraulic lift and $40

for an air filter for one of its delivery trucks. Journalize the entries for the new lift and

air filter expenditures.

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