Calling Card Co Ltd has acquired a printing press from Metal Manufacturers Ltd. The deal required Calling Card Co Ltd to exchange the following assets for the printing press:
The cost to install the press was $1,000 (not yet paid) . What is the entry to record the purchase of the printing press?
A) 
B) 
C) 
D) 
E) None of the given answers.
Correct Answer:
Verified
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