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Consider the following accounts and identify each account as an asset (A), liability (L), or equity (E). When using a manual accounting information system, which

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Consider the following accounts and identify each account as an asset (A), liability (L), or equity (E). When using a manual accounting information system, which of the following fransactions would be recorded in the general journal? A. Cash payment of rent B. Sale of merchandise inventory on account C. Purchase of merchandise inventory on account D. Depreciation of office furniture

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