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Lera25 [3.4K]
3 years ago
10

Benson Co. purchased land and paid the full purchase price in cash. The journal entry necessary to record this event includes a:

A. debit to Land and a debit to Cash. B. debit to Cash and a credit to Land. C. credit to Land and a credit to Cash. D. debit to Land and a credit to Cash.
Business
1 answer:
Annette [7]3 years ago
5 0

Answer:

A. debit to Land and a debit to Cash.

Explanation:

Land, an asset, is increased with a debit, and cash, another asset is decreased with a credit.

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