Question: If a company buys a $ 8 5 0 machine on credit, this transaction will affect the income statement only. income statement and retained earnings

If a company buys a $850 machine on credit, this transaction will affect the
income statement only.
income statement and retained earnings statement only.
balance sheet only.
income statement, retained earnings statement, and balance sheet.
If a company buys a $850 machine on credit, this transaction

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