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harra harra
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Posts: 1309
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7 years ago
The purchase of a building by signing a note payable would:
A) increase owner's equity.
B) increase total liabilities.
C) decrease owner's equity.
D) decrease total assets.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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Answer verified by a subject expert
KryzenKryzen
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Posts: 466
7 years ago
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harra Author
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6 years ago
Very timely, excellent answer
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