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Business, 11.09.2019 05:10 ximenareyna07

Land is purchased by a business for $100,000. the company pays for the land by a cash payment of $20,000 and promised to pay the remaining amount at a later period. what is net effect of this transaction on the business's accounting equation?

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Land is purchased by a business for $100,000. the company pays for the land by a cash payment of $20...

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