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Business, 05.06.2020 19:02 clickbaitdxl

A company borrowed $500,000 cash from a bank and used it to purchase $500,000 of new manufacturing equipment. Which of the following items would be increased by the bank loan and equipment purchase transactions? 1) Total Liabilities
2) Cash from Financing
3) Cash from Investing
4) Equipment
5) Depreciation

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A company borrowed $500,000 cash from a bank and used it to purchase $500,000 of new manufacturing e...

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