Question: put below transaction in a table form: Debit: Equipment (Asset) $500,000 Credit: Cash (Asset) $500,000 Issuance of Long-term Debt: Debit: Cash (Asset) $1,000,000 Credit: Long-term
put below transaction in a table form: Debit: Equipment (Asset) $500,000 Credit: Cash (Asset) $500,000 Issuance of Long-term Debt: Debit: Cash (Asset) $1,000,000 Credit: Long-term Debt (Liability) $1,000,000 Repurchase of Shares: Debit: Treasury Stock (Equity) $300,000 Credit: Cash (Asset) $300,000
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