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What Effect Does This Journal Entry Have on the Accounts

Question 109

Multiple Choice

What effect does this journal entry have on the accounts? A) Increase to Cash and increase to Land B) Increase to Land and decrease to Cash C) Decrease to Cash and decrease to Land D) Increase to Cash and decrease to Land What effect does this journal entry have on the accounts?


A) Increase to Cash and increase to Land
B) Increase to Land and decrease to Cash
C) Decrease to Cash and decrease to Land
D) Increase to Cash and decrease to Land

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