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Please help me with my howework problem. Your company purchases a building for $500,000 using...

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Accounting

Please help me with my howework problem.

Your company purchases a building for $500,000 using cash. You would debit ( ??? ) [ Select ] ["Building $500,000" OR"Cash $500,000"]

and credit ( ??? ) [ Select ] ["Building $500,000" OR"Cash $500,000"]

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