Finance
This query is : Resolved
11 October 2014
a company borrowed 500000 cash from bank and used it to purchase 500000 of new manufacturing equip. which of the following items would be increased by the bank loan and equip purchase transaction? check all tat apply.
1. cash from financing
2. notes payable
3. cash from investing
4. inventory
5. total assets
11 October 2014
Cash from Financing & Total Assets and Notes payable. Inventory will not increase since its cspital purchase.
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