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    Financial Accounting Study Set 7
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    Exam 2: Recording Business Transactions
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    The Purchase of Land for Cash Would
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The Purchase of Land for Cash Would

Question 151

Question 151

Multiple Choice

The purchase of land for cash would:


A) increase total assets
B) decrease shareholders' equity
C) increase the total debits on the trial balance
D) not affect the total of debits or credits on the trial balance

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