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Business, 27.05.2021 15:50 MrRandomUser

1) As of Dec 31 2020 Showow enterprise ledger showed the following accounts Equipment 10,000 accumulated depreciation equipment is 2000

on Jan 1 2020 shadow Enterprise purchase new equipment at cost of 15.000. a trade in allowance of 1000 was given by the dealer on the old equipment..Prepare the journal entry for the purchase of the new equipment ​

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