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  3. Study Set
    Accounting Study Set 2
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    Exam 3: Recording Transactions
  5. Question
    A Machine Purchased by a Business for Use in Generating
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A Machine Purchased by a Business for Use in Generating

Question 13

Question 13

Multiple Choice

A machine purchased by a business for use in generating income can be recorded in an asset account called:


A) prepayments.
B) plant and equipment.
C) debtors.
D) production.

Correct Answer:

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