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On May 2, Johnson's Landscaping LLC paid $4,700 for repairs made to equipment during April....

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Accounting

On May 2, Johnson's Landscaping LLC paid $4,700 for repairs made to equipment during April. During May fuel costs for its machinery were $5,800 to be paid in June. Johnson's lawn mowers were depreciated for May by an amount of $1,000 using the straightminusline method. What would be the company's equipmentminusrelated expenses for May under cash accounting and what would the expenses be under the accrual basis for May?

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