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Question: Record the purhase of the new computer sytem. It was purchased at Computer World for $6,500.00 including sales tax. This amount should be charged to a Computer Equipment account. $1500.00 is paid on delivery and a no interest note is signed for two installments one on 12/31/CRYR and the second 12/31 a year later.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92570304

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