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Business, 23.11.2019 03:31 poohnia

During the year an enterprise fund purchased $230,000 worth of equipment. the equipment was acquired with a cash down payment of $30,000 and a $200,000 loan. a partial year of depreciation on the equipment was taken in the amount of $23,000. what is the net effect of this transaction on the net position accounts of the enterprise fund?

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