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What amount should the equipment be recorded

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Problem 1: Biogen trading group purchased equipment for 2000 cash. The vendor stated that the equipment was worth 2400. At what amount should the equipment be recorded

Reference no: EM132776636

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What amount should the equipment be recorded : Biogen trading group purchased equipment for 2000 cash. The vendor stated that the equipment was worth 2400. At what amount should the equipment be recorded
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