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Other Fields Homework Help Accounting Topic started by: harra on Sep 19, 2017



Title: Purchasing a parcel of land for $100,000 by paying $10,000 in cash and signing a promissory note for ...
Post by: harra on Sep 19, 2017
Purchasing a parcel of land for $100,000 by paying $10,000 in cash and signing a promissory note for the remainder would:
A) decrease owner's equity by $90,000.
B) increase owner's equity by $10,000.
C) decrease liabilities by $90,000.
D) increase total assets by $90,000.


Title: Re: Purchasing a parcel of land for $100,000 by paying $10,000 in cash and signing a promissory note ...
Post by: Kryzen on Sep 19, 2017
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Title: Re: Purchasing a parcel of land for $100,000 by paying $10,000 in cash and signing a promissory note ...
Post by: Shekinah Bravo on Jan 22, 2021
thanks


Title: Re: Purchasing a parcel of land for $100,000 by paying $10,000 in cash and signing a promissory note
Post by: Nguyễn Quốc Khang on Apr 12, 2021
thanks