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If a company UID purchases machine parts worth $ 3 0 0 , but only has $ 2 0 0 in cash. The company could
If a company UID purchases machine parts worth $ but only has $ in cash. The company could purchase by initially paying $ but the remaining amount is still owed to the dealer. The debit that would result from lead in Equipment and Account Payable will be credited $ and Cash will get a credit of $ What will the balance sheet look like?
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