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Which of the following events is NOT a transaction that would be recorded in a company's accounting records? A) The purchase of equipment for
Which of the following events is NOT a transaction that would be recorded in a company's accounting records? A) The purchase of equipment for cash B) The purchase of equipment on account C) The death of a key executive D) The investment of additional cash in the business by the owner
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ANSWER A The purchase of equipment for cash Cash exists as a companys most liquid asset Purchasing o...
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
