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Able and Sons,Inc

Question 95

Multiple Choice

Able and Sons,Inc.purchases a building for $35,000 cash.The journal entry would include a:


A) debit to Building and a credit to Cash.
B) debit to Common Stock and a credit to Building.
C) debit to Building and a credit to Accounts Payable.
D) debit to Building and a credit to Common Stock.

Correct Answer:

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