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The owner invested personal equipment in the business. To record this transaction: A. debit Equipment and credit Capital. B. debit Accounts Payable and credit Equipment.
The owner invested personal equipment in the business. To record this transaction:
| | A. debit Equipment and credit Capital. | ||
| | B. debit Accounts Payable and credit Equipment. | ||
| | C. debit Equipment and credit Accounts Payable. | ||
| | D. credit Equipment and debit Capital. |
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Financial accounting
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
8th Edition
9780135114933, 136108865, 978-0136108863
