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5 W12021 V2 W12021 V W12021 V 01 WI2021 R Resources ent Success & Question 14 Not yet answered Points out of 2.5 Rag question

image text in transcribed 5 W12021 V2 W12021 V W12021 V 01 WI2021 R Resources ent Success & Question 14 Not yet answered Points out of 2.5 Rag question The purchase of equipment with cash has which of the following results? Select one: O a. Total Assets Total Equity Increase O b. Total Assets Increase Increase Total Equity No Effect Oc Total Assets Total Equity Increase Od. Total Assets No Effect Total Equity Decrease Oe. Total Assets Total Equity No Effect No Effect No Effect wing Services Connect h 9 Question 15 Not yet The recesing of cash in advance of service will result in a journal entry to what type of accounts? Points out of 2.5 Tag question Select one Debit Revenue Credit Liability Ob. Debit Asset Cred Liability Oc Debt Asset Cred Equy Od Debt Equity Cre Asset O Debt Asset Cred Revenue ASUS vene

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