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Question 2 of 1 0 View Policies Current Attempt in Progress When a corporation purchases a computer for cash: the account Cash will be credited.

Question 2 of 10
View Policies
Current Attempt in Progress
When a corporation purchases a computer for cash:
the account Cash will be credited.
stockholders' equity will be debited.
the net effect on assets will be a debit.
liabilities will be credited.
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