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A $4,000 machine is purchased by paying $1,000 cash and issuing a promissory note for the remainder. The journal entry should include a A. credit
A $4,000 machine is purchased by paying $1,000 cash and issuing a promissory note for the remainder. The journal entry should include a A. credit to Machinery. B. credit to Notes payable. C. credit to Notes receivable. D. debit to Cash
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