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Question 42 1.5 pts Which of the following will MOST LIKELY require an adjusting entry for depreciation in the company's books? O Special equipment rented

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Question 42 1.5 pts Which of the following will MOST LIKELY require an adjusting entry for depreciation in the company's books? O Special equipment rented by the company for use in its operations Furniture bought by the company for resale Automobile bought by the company for use by its owner and key employees for official company functions Land bought by the company for use in its operations Question 41 1.5 pts Which of the following statements about a company-issued sales invoice is typically CORRECT? It decreases the company's cash balance. O It increases the company's sales account. All of the choices are correct. O It decreases the company's accounts receivable

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