Current Attempt in Progress Nancy's fashionable friends always bought the newest, trendiest jeans, and ended...

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Accounting

Current Attempt in Progress Nancy's fashionable friends always bought the newest, trendiest jeans, and ended up with too many "old" pairs occupying preciou closet space. Nancy used her smarts and came up with a cool idea: encourage people to donate their jeans, or sell them to her for nominal amount, and she would then rework them into snazzy jean jackets. Behold: Snazzy Inc. was born. But while Nancy is bless with creativity and sewing skills, she needs help organizing and summarizing her business costs. Some transactions that Nancy engaged in this year, in no particular order, are as follows. Purchased a new sewing machine for $2,600, with an estimated life of 5 years, used exclusively for her business. Purchased thread

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