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kekebrown
Aug 28, 2008, 05:46 PM
Which of the following entries records the acquisition of equipment on account?

a. Equipment, debit; Accounts Payable, credit
b. Equipment, debit; cash, credit
c. Accounts payable, debit; Equipment, credit
d. Accounts payable, debit; notes payable, credit

I think the answer is A

:confused:

hotline15
Sep 6, 2008, 01:25 PM
Correct