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b. The company purchased office furniture for $8,300 on January 2. The company recorded a $8,300 debit to Office Furniture and an $8,300 credit
b. The company purchased office furniture for $8,300 on January 2. The company recorded a $8,300 debit to Office Furniture and an $8,300 credit to Accounts Payable. Annual depreciation for the furniture is $1,200. Oct 31 Adjustment Not recorded Balance Sheet Assets Liabilities Equity Income Statement Revenue Expenses
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