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Buffs Inc. purchased a warehouse for $150 (half cash, half loan); the company estimates the warehouse has a useful life of 15 years and plans

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Buffs Inc. purchased a warehouse for $150 (half cash, half loan); the company estimates the warehouse has a useful life of 15 years and plans to use straight-line depreciation. Impact Account Debit Credit Q3: How does this entry affect stockholders' equity? Q4: How does this entry affect total assets? B A Increase C No Change Decrease

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