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Prepare flahertys journal entries to record these two

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Reference no: EM132408469

Question

Flaherty Company had the following two transactions related to its delivery truck.

1. Paid $170 for an oil change.

2. Paid $400 to install a special gear unit, which increases the operating efficiency of the truck.

Prepare Flaherty's journal entries to record these two transactions.

Reference no: EM132408469

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