For each description of a transaction place an X in theappropriate accounting element.-DescriptionASSETLIABILITYSTOCKHOLDERS??EQUITY1.Purchased Machine for use inbusiness. 2.Borrowed money from 1 answer

For each description of a transaction place an X in theappropriate accounting element.-DescriptionASSETLIABILITYSTOCKHOLDERSâ??EQUITY1.Purchased Machine for use inbusiness. 2.Borrowed money from 1 answer