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Which of the following is the proper journal entry to account for transaction (f): February 5: Company X pays Company Z for the equipment purchased
Which of the following is the proper journal entry to account for transaction (f): February 5: Company X pays Company Z for the equipment purchased on January 11? Answer Choice Credit A Equipment Debit Accounts Payable Equipment Expense Equipment B B Cash C Accounts Payable D Accounts Payable Cash O A. Debit/Accounts Payable; Credit/Equipment OB. Debit/Equipment Expense: Credit/Cash O C. Debit/Equipment; Credit/Accounts Payable OD. Debit/Accounts Payable; Credit/Cash
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