Alcaraz Company purchased a new building by signing a note payable for $200,000. The entry to ecord the transaction is: Building Notes Payable Cash Note Payable Building Cash Note Payable Cash 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

Alcaraz Company purchased a new building by signing a note payable for $200,000. The entry to ecord the transaction is: Building Notes Payable Cash Note Payable Building Cash Note Payable Cash 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 2.8C

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Question

Alcaz Company purchased a new building by signing a note payable for $200,000. The entry to
ecord the transaction is:
Building
Notes Payable
Cash
Note Payable
Building
Cash
Note Payable
Cash
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000

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