Business, 15.07.2020 05:01 parisowl7900

Equipment costing $20000 is purchased by paying $5000 cash and signing a note payable for the remainder. The journal entry should include a credit to Equipment. debit to Cash. credit to Notes Receivable. credit to Notes Payable.

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Equipment costing $20000 is purchased by paying $5000 cash and signing a note payable for the remain...