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16) Which of the following is the correct way to record the purchase of equipment for $32,000 cash? a) Cash 32,000 Equipment 32,000 b) Cash

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16) Which of the following is the correct way to record the purchase of equipment for $32,000 cash? a) Cash 32,000 Equipment 32,000 b) Cash 32,000 Equipment 32,000 c) Cash 32,000 Equipment 32,000

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