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Business, 10.03.2020 22:28 annjetero2oy23ay

Busy Beaver, Inc. signed a $315,000, 5-year note payable to buy a new $315,000 industrial veneer cutter. Busy Beaver paid $5,000 cash for transportation of the machine and $750 cash for installation costs. What is the overall effect of this transaction on the accounting equation

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Busy Beaver, Inc. signed a $315,000, 5-year note payable to buy a new $315,000 industrial veneer cut...
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