If a company buys a $700 machine on credit, this transaction will affect the ...
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Accounting
If a company buys a $ machine on credit, this transaction will affect the income statement and retained earnings statement only. income statement only. income statement, retained earnings statement, and balance sheet. balance sheet only. 
If a company buys a $ machine on credit, this transaction will affect the
income statement and retained earnings statement only.
income statement only.
income statement, retained earnings statement, and balance sheet.
balance sheet only.
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You can see the logs in the Dashboard.