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Please describe how you would account for the following: A company's fixed asset...

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Accounting

Please describe how you would account for the following:

A company's fixed asset policy is that they capitalize purchases > $2,500.

1. A laptop costing $2,000 is purchased Oct 1 2020. What are the journal entries for Oct, Nov, and Dec 2020?

2. A copier costing $5,500 is purchased Oct 15 2020. What are the journal entries for Oct, Nov, and Dec 2020?

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