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In the buyer's records, the purchase of merchandise on account would: Multiple Choice increase liabilities and increase paid - in capital. have no effect on
In the buyer's records, the purchase of merchandise on account would: Multiple Choice increase liabilities and increase paidin capital. have no effect on total assets. increase assets and increase liabilities. increase assets and increase expenses.
In the buyer's records, the purchase of merchandise on account would:
Multiple Choice
increase liabilities and increase paidin capital.
have no effect on total assets.
increase assets and increase liabilities.
increase assets and increase expenses.
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