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Business, 20.02.2020 22:53 araminaara691

Schooner Inc. purchased equipment by signing a note payable. This transaction would be recorded as:

A) Debit Equipment, credit Notes Payable.
B) Debit Notes Payable, credit Equipment.
C) Debit Cash, credit Notes Payable.
D) Debit Equipment, credit Cash..

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Answers: 2

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Schooner Inc. purchased equipment by signing a note payable. This transaction would be recorded as:<...
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