The following journal entry: Machinery $100,000 Cash $100,000 Group of answer choices A. Increases...
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Accounting
The following journal entry:
Machinery $100,000
Cash $100,000
Group of answer choices
A. Increases net income
B. Decreases net income
C. Increases assets
D. Increases liabilities
D. Increases liabilities
E. Decreases assets
F. Decreases liabilities
G. Both A. and C.
H. Both A. and E.
I. Both C. and E.
J. Both B. and E.
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