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p. 51 Identify the explanation from a through j that best describes each transaction / through 5. a. The company purchased $1,000 of supplies on
p. 51 Identify the explanation from a through j that best describes each transaction / through 5. a. The company purchased $1,000 of supplies on credit. b. The company collected $1,900 cash from an account receivable. c. The company sold land for $4,000 cash. d. The company paid $1,000 cash for land. e. The company purchased supplies for $1,000 cash. f. The company purchased land for $4,000 cash. g. The company billed a client $1,900 for services provided. h. The company paid $1,000 cash toward an account payable. i. The owner invested $1,900 cash in the business. j. The company sold supplies for $1,900 on credit. >
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