Brief explanation of the transaction
Below each entry, write a brief explanation of the transaction that might appear in the general journal.
(a) Equipment
10,000
Cash
2,000
Accounts Payable
8,000
(b) Accounts Payable
Notes Payable
(c) Notes Payable
Now Priced at $5 (50% Discount)
Recommended (93%)
Rated (4.5/5)
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