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4. Purchased $14,000 in equipment, paid $2,000 in cash and signed a long-term note with a bank for the balance. Transaction Analysis Assets Journal Entry

4. Purchased $14,000 in equipment, paid $2,000 in cash and signed a long-term note with a bank for the balance. Transaction Analysis Assets Journal Entry Liabilities + Stockholders' Equity Relevant T-Accounts (mention debit and credit) Enter Account Name Enter Account Name Enter Account Name

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