QUESTION

11) On June 1, 2008, Leno Inc. buys a copier machine for its business and finances this purchase with cash and a note.

Category: Business
Subject: Accounting
Due Date: 01/27/2016
Question Asked: 2016-01-27 17:50:55

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11) On June 1, 2008, Leno Inc. buys a copier machine for its business and finances this

purchase with cash and a note. When journalizing this transaction, the company's accountant

will

A. use two journal entries

B. make a compound entry

C. make a simple entry

D. list the credit entries first, which is proper form for this type of transaction

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Posted on 2016-01-27 17:50:55

User: LightspeedLearning
Rating: No Rating (0)
earnings: $1.10
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Preview:

...ccountant will A. use two journal entries B. make a compound entry�...

The full tutorial is about 64 words long.