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  3. Study Set
    Fundamental Accounting Principles
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    Exam 2: Analyzing and Recording Transactions
  5. Question
    If a Company Purchases Land, Paying Part with Cash and Issuing
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If a Company Purchases Land, Paying Part with Cash and Issuing

Question 124

Question 124

True/False

If a company purchases land, paying part with cash and issuing a note payable for the balance, the journal entry to record this transaction will include a debit to Cash.

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