Consider the following transactionswhat would the purchase, Ask an Expert

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Consider the following transactions:

I. Borrowed cash on a note payable, $80,000
II. Provided services on account, $10,000
III. Received cash from a customer as payment on account, $8,000
IV. Received a utility bill, $1,200
Total assets would be:
A. $96,800. B. $88,000.
C. $90,000. D. $98,000.

what would the purchase of land for cash ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M974769

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