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Create a journal on the purchase of fixed assets

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Reference no: EM132728712

ABC company purchased a machine with a useful life of 4 years in early 2019 for IDR 38,000,000. The residual value of the machine is estimated at IDR 2,000,000.

Requested:

Problem 1. Create a journal on the purchase of fixed assets

Problem 2. Create the required tables.

Problem 3. Make the adjusting entry on December 31, 2019

Reference no: EM132728712

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