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bel A company purchases a $1M building, 80% financed. Which of the following is correct? (Check all that apply) Liabilities increased by $1M Assets increased

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A company purchases a $1M building, 80% financed. Which of the following is correct? (Check all that apply) Liabilities increased by $1M Assets increased by $1M Assets increased by $800,000 Cash decreased by $200,000

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