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Fast2F Fast2F
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Posts: 1470
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7 years ago
The general journal entry to record the purchase of an asset for cash would include:
A) a debit to Accounts Payable and a credit to Equipment.
B) a debit to Equipment and a credit to Accounts Payable.
C) a debit to Supplies and a credit to Cash.
D) a debit to Accounts Receivable and a credit to Fees Earned.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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Fast2F Author
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6 years ago
I’m very happy now Smiling Face with Open Mouth Thank you for the answe
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