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Prepare the journal entry to record the assets purchased

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Reference no: EM132907702

The Putnam Company just purchased several assets and paid for them with cash.

Problem 1: Prepare the journal entry to record the following assets purchased

a. $5,000 of Supplies

b. $10,000 of Inventory

c. A truck which cost $25,000

d. A Snow Plow which costs $42,000

Reference no: EM132907702

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