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Which of the following transactions would cause $50,000 increase in both total assets and total liabilities? a. P. Scott paid us $50,000 b. Bought computer
Which of the following transactions would cause $50,000 increase in both total assets and total liabilities?
- a. P. Scott paid us $50,000
- b. Bought computer on credit for $50,000
- C. Payment of $50,000 in part settlement of a loan obtained by the business
- d. Paid wages by cash $50,000
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Electronic Health Records An Audit And Internal Control Guide
Authors: Rebecca S. Busch
1st Edition
0470258209, 978-0470258200
