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Business, 17.04.2020 00:43 vavery61

Crown King Burgers purchased new soda machines for $900,000 and pays $100,000 for installation costs. One-half of the total cost or $500,000 is paid in cash; a note in the amount of $500,000 is signed. How should the company record this transaction?

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Crown King Burgers purchased new soda machines for $900,000 and pays $100,000 for installation costs...
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