what is the journal entry of Memo #3 Dated July 8,2024 Chriss welding...

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Accounting

what is the journal entry of Memo #3 Dated July 8,2024
Chriss welding tank exploded when a customer accidentally dropped it. Write off the welding tool
equipment recorded in account # 1480 valued at $750. Create new Group expense account 5100
Damaged Tools.

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