Business, 26.03.2021 22:00 brandonlatortu6882

A company purchases $200 worth of equipment using a business line of credit. Since this is a liability, which of the following should be included in this
transaction?
A. a $200 credit to Accounts Payable
B. a $200 debit to Cash
C. a $200 debit to Accounts Receivable
D. a $200 credit to Equipment

Answers: 1

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A company purchases $200 worth of equipment using a business line of credit. Since this is a liabil...

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