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Author Question: Which of the following would result if a business purchased Equipment paying a 50% down payment in cash? (Read 140 times)

vicky

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on: Nov 10, 2019
Which of the following would result if a business purchased Equipment paying a 50% down payment in cash?
◦ Accounts Payable would increase.
◦ Equipment would increase and Cash would decrease.
◦ Since the equipment has not been paid in full, there is nothing to record.
◦ Both A and B are correct.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by vicky on Nov 10, 2019

josephsuarez

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Reply #1 on: Nov 10, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vicky

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Reply 2 on: Nov 10, 2019
YES! Correct, THANKS for helping me on my review

raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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