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20 February, 10:00

Which of the following explains why computers can be used in account payable?

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  1. 20 February, 10:10
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    Computer equipment is an active and our passive increase, this means that a company bought hardware, the company must pay for that equipment.

    For example:

    A college bought new hardware to update their computer lab, the account explanation would be.

    Debit Credit

    computer equipment $1000

    account payable - company $1000
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