Question: decrease both assets and se increase assets and decrease increase both assets and its decrease assets and increase abilities Question 28 3.25 pts Equipment costing

decrease both assets and se increase assets and decrease increase both

decrease both assets and se increase assets and decrease increase both assets and its decrease assets and increase abilities Question 28 3.25 pts Equipment costing $20,000 is purchased by paying $5,000 cash and signing a note payable for the remainder. The journal entry should include a credit to Equipment. debit to Cash credit to Notes Payable. credit to Notes Receivable. BA 20 % 3 4 5

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