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Question 21 (2 points) Saved The Matisse Co. purchased a delivery truck from Jackson Jones by paying $20,000 cash and signing a note for the
Question 21 (2 points) Saved The Matisse Co. purchased a delivery truck from Jackson Jones by paying $20,000 cash and signing a note for the remaining balance of $50,000. The journal entry would include a: Credit to Delivery Truck of $70,000. Credit to Cash of $20,000. Debit to Accounts Receivable of $50,000. Credit to Accounts Payable of $50,000
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