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Opened a business bank account with a deposit of $30,000 from person funds. Which account increased? Drawing cash accounts receivable Liabilities Purchased office supplies on
"Opened a business bank account with a deposit of $30,000 from person funds. Which account increased?"
Drawing | ||
cash | ||
accounts receivable | ||
Liabilities |
Purchased office supplies on account. Supplies is what type of account?
equity | ||
asset | ||
liability | ||
expense |
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