Question: A transaction caused a $ 4 5 , 0 0 0 increase in both Total Assets and Total Liabilities. This transaction could have been which
A transaction caused a $ increase in both Total Assets and Total Liabilities.
This transaction could have been which of the following?
A Investment of $ cash in the business by the owner.
B Purchase of office equipment for $ cash.
C Repayment of a $ bank loan.
D Purchase of office equipment for $ paying $ cash and issuing a note
payable for the balance.
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