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  • Jan 21, 2013, 04:11 PM
    doliver52
    Help with accounting homework
    What accounts are increased or decreased in the following transactions: borrowed $5,000 from bank by signing a note; paid $2,500 cash for a computer; purchased $450 of supplies on account.
  • Jan 22, 2013, 04:03 AM
    paraclete
    Suggest you use some T accounts to work it out or just prepare some journal entries, either way simple questions require you to try first, ask questions later

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