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    Exam 2: Recording Business Transactions
  5. Question
    A Business Purchases Equipment for Cash in the Amount of $8,000.Which
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A Business Purchases Equipment for Cash in the Amount of $8,000.Which

Question 140

Question 140

Multiple Choice

A business purchases equipment for cash in the amount of $8,000.Which account is credited?


A) Cash
B) Accounts payable
C) Utilities expense
D) Equipment

Correct Answer:

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