At the beginning of the year, Buxton Builders purchased raw materials in the amount of $ 15,000

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At the beginning of the year, Buxton Builders purchased raw materials in the amount of $ 15,000 to produce goods to sell with cash. What is the effect of this transaction on the accounting equation?
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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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