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A company purchased equipment for 5 0 , 0 0 0 cash. This transaction would be: increase cash and derease common stock increase cash and
A company purchased equipment for cash. This transaction would be:
increase cash and derease common stock
increase cash and decrease accounts payable
Decrease inventory and increase propertyplantequipment
decrease cash and increase perpertyplantequipment
increase propertyplantequipment
Increase propertyplantequipment and decrease accounts receievable.
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