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Green's Book Store purchased a new automobile that cost $35,000, made a down payment of $14,000, and signed a note payable for the balance. The
Green's Book Store purchased a new automobile that cost $35,000, made a down payment of $14,000, and signed a note payable for the balance. The entry to record this transaction is
- Cash35,000Automobile35,000
- Cash21,000Note Payable14,000Automobile35,000
- Automobile35,000Cash35,000
- Automobile35,000Notes Payable21,000Cash14,000
- Automobile35,000Cash21,000Janfer, Capital14,000
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Advanced Accounting
Authors: Debra C Jeter, Paul K Chaney
5th Edition
1118022297, 978-1118022290
