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The following journal entry: Machinery $100,000 Cash $100,000 A. Increases net income B. Decreases net income C. Increases assets D. Increases liabilities D. Increases liabilities

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The following journal entry: Machinery $100,000 Cash $100,000 A. Increases net income B. Decreases net income C. Increases assets D. Increases liabilities D. Increases liabilities E. Decreases assets F. Decreases liabilities G. Both A. and C. H. Both A. and E. I. Both C. and E. J. Both B. and E

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