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Problem #7 July 18, Purple Company purchased $200,000 of computer equipment from the the Mac Store on credit. Date Accounts Debit Credit Equipment Accounts

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Problem #7 July 18, Purple Company purchased $200,000 of computer equipment from the the Mac Store on credit. Date Accounts Debit Credit Equipment Accounts Payable Problem #8 April 1, Pink, Inc. purchased $2,500,000 of computer equipment by signing a long-term note payble. Date Accounts Debit Credit Equipment Note Payable

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