The total assets of a business would be increased by: (a) purchase of equipment by means of
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The total assets of a business would be increased by:
(a) purchase of equipment by means of a long-term loan;
(b) cash received in satisfaction of customer's account;
(c) sale of motor vehicle at its book value;
(d) each of the above .
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Related Book For
Financial Accounting And Reporting An Introduction
ISBN: 978-0333346402
1985 Edition
Authors: R. Limmack
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