Question: Which journal entry would be made for the transaction below? Photo Store purchased a new printing machine for $13,000 and signs a note requiring payment
Which journal entry would be made for the transaction below? Photo Store purchased a new printing machine for $13,000 and signs a note requiring payment sometime in the future plus interest. A. Debit machine, credit cash B. Debit machine, credit notes payable C. Debit notes payable, credit machine D. Debit accounts payable, credit machine.
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