If a company pays cash to purchase land,the journal entry to record this transaction will include a debit to Cash.

Name: If a company pays cash to purchase land,the journal entry to record this transaction will include a debit to Cash.
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Question

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When a company pays cash to purchase land, the journal entry will include a debit to the Land account and a credit to the Cash account, as the cash is being used to acquire the land.

If a Company Pays Cash to Purchase Land,the Journal Entry