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2 e following transactions during the year. Record these transactions. a. b. C. HHL took out a long-term loan for $3 million. HHL purchased

2 e following transactions during the year. Record these transactions. a. b. C. HHL took out a long-term loan for $3 million. HHL purchased $1 million in inven- tory with cash. HHL purchased equipment that cost $150,000 on account. The

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