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No. 7(a): One item of revenue and one item of capital expenditure: Revenue expenditure – The payment of rent expenses Capital expenditure – The purchase of the packaging machine. No. 7(b): Below are the 'T-accounts’ requested opened in the appropriate ledgers:  I hope that you found this proposed solution helpful! If you did please share it! Also, feel free to ask any questions or to make your comments below. Good Luck!
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AuthorThe author holds a Bsc (Hons) Degree in Applied Accounting from Oxford Brookes University, England and enjoys a successful career as an Accounting Supervisor and a private tutor. Archives
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Suggested Solutions for
CSEC POA May/June 2019
only US$2.99!
Available on Amazon.
Suggested Solutions for
CSEC POA May/June 2018
only US$2.99!
Available on Amazon.
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