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

Question 22

Question 22

Multiple Choice

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


A) drawings.
B) debtors.
C) plant and equipment.
D) buildings.

Correct Answer:

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