Business, 04.01.2022 22:40 jeanlucceltrick09
A company purchases $200 worth of equipment using a business line of
credit. Since this is a liability, which of the following should be included in this
transaction?
A. a $200 debit to Accounts Receivable
B. a $200 credit to Equipment
O C. a $200 debit to Cash
O D. a $200 credit to Accounts Payable
Answers: 3
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A company purchases $200 worth of equipment using a business line of
credit. Since this is a liabi...
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