A transaction caused a $45,000 increase in both Total Assets and Total Liabilities. This...
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Accounting
A transaction caused a $ increase in both Total Assets and Total Liabilities. This transaction could have been which of the following? A Investment of $ cash in the business by the owner. B Purchase of office equipment for $ cash. C Repayment of a $ bank loan. D Purchase of office equipment for $ paying $ cash and issuing a note payable for the balance.
A transaction caused a $ increase in both Total Assets and Total Liabilities.
This transaction could have been which of the following?
A Investment of $ cash in the business by the owner.
B Purchase of office equipment for $ cash.
C Repayment of a $ bank loan.
D Purchase of office equipment for $ paying $ cash and issuing a note
payable for the balance.
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You can see the logs in the Dashboard.