will be affected if a company purchases a $700 machine on credit Only the income statement and retained earnings statement Only the balance sheet The income statement, retained earnings statement, and balance sheet Only the income statement will be affected if a company purchases a $700 machine on credit Only the income statement and retained earnings statement Only the balance sheet The income statement, retained earnings statement, and balance sheet Only the income statement

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Question: will be affected if a company purchases a $700 machine on credit. Only the income statement and retained earnings statement Only the balance sheet The

will be affected if a company purchases a $700 machine on credit. Only the income statement and retained earnings statement Only the balance sheet The income statement, retained earnings statement, and balance sheet Only the income statement

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