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Each question is irrelevant to the other and not together, but I need the answer for each one Modern Enterprises took a loan from Bank

Each question is irrelevant to the other and not together, but I need the answer for each one

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Modern Enterprises took a loan from Bank Muscat. This is an example of which of the following types of transaction? a. Asset exchange b. Claims use C. Asset use d. Asset source Salary paid to employees is an example of a. Operating activity b. Financing activity c. Investing activity d. None of the above Something a business owe is called a. Asset b. Liability c. Income d. Revenue The Billingham Company purchased $1,000 of supplies on account. After this transaction has been recorded in T-accounts, the $1,000 would appear a. on the left side of the Supplies account. b. on the right side of the Supplies account. c. on the left side of the Accounts Payable account. d. on the right side of the Cash account

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