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    Fundamental Accounting Principles Study Set 5
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    Exam 1: Accounting in Business
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    A Company Acquires Equipment for $75,000 Cash
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A Company Acquires Equipment for $75,000 Cash

Question 37

Question 37

Multiple Choice

A company acquires equipment for $75,000 cash. This represents a(n)


A) Operating activity.
B) Investing activity.
C) Financing activity.
D) Revenue activity.
E) Expense activity.

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