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Rochester Flour Mills purchased new equipment and made the following expenditures Purchase price 56 000...

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Rochester Flour Mills purchased new equipment and made the following expenditures Purchase price 56 000 Sales tax 5 050 Shipment of equipment Insurance on the equipment for the first year Installation of equipment 810 510 1 620 Required Record the expenditures All expenditures were paid in cash If no entry is required for a particular transaction event sel Journal Entry Required in the first account field

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