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4 (1 point) The correct entry to record the purchase of land for use in the business paying some cash and taking out a mortgage
4 (1 point) The correct entry to record the purchase of land for use in the business paying some cash and taking out a mortgage would be Debit Land Mortgage Debit payable Credit Cash Debit Land Debit Cash Credit Mortgage payable Mortgage Debit payable Credit Land Credit Cash Debit Land Credit Mortgage payable CreditCash
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