Question
f $9,600 cash and a $31,000 note payable are given in exchange for some office machines to be used in business: please select a. total
f $9,600 cash and a $31,000 note payable are given in exchange for some office machines to be used in business: please select a. total assets are increased b. total liabilities are decreased c. total assets are decreased d. the owner's equity is increased
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Financial Accounting
Authors: Walter B. Meigs, Robert F. Meigs, Mark Bettner, Ray Whittington
9th Edition
0070434360, 978-0070434363
