Funky Music purchased $25,000 of equipment for cash. The Equipment asset account is________ for $25,000 and the Cash account is ________ for $25,000.

Name: Funky Music purchased $25,000 of equipment for cash. The Equipment asset account is________ for $25,000 and the Cash account is ________ for $25,000.
Brand: Quizplus
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Question

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The Answer of Funky Music purchased $25,000 of equipment for cash. The Equipment asset account is________ for $25,000 and the Cash account is ________ for $25,000.

Funky Music Purchased $25,000 of Equipment for Cash