Business, 03.02.2020 23:53, ahmadali89
Purchasing a building for $ 80 comma 000 by paying cash of $ 30 comma 000 and signing a note payable for $ 50 comma 000 will
a. increase both total assets and total liabilities by $ 80 comma 000.
b. increase both total assets and total liabilities by $ 50 comma 000.
c. decrease total assets and increase total liabilities by $ 30 comma 000.
d. decrease both total assets and total liabilities by $ 30 comma 000.
Answers: 3
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Purchasing a building for $ 80 comma 000 by paying cash of $ 30 comma 000 and signing a note payable...
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