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On June 1, 2014 Quang Le Buys a Copier Machine

Question 101

Multiple Choice

On June 1, 2014 Quang Le buys a copier machine for his business and finances this purchase with cash and a note. When journalizing this transaction, he will


A) use two journal entries.
B) make a compound entry.
C) make a simple entry.
D) list the credit entries first, which is proper form for this type of transaction.

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