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How total assets increased by

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Problem 1: Al Dunn Bakery bought a new oven for $1,380. Al paid $300 as a cash down payment and will pay the balance in 30 days. Total assets increased by

Option 1: $1,080

Option 2: $1,380

Option 3: $300

Option 4: not increased

Problem 2: A sales return or a sales allowance is usually recorded in the _______ journal.

Option 1: sales

Option 2: purchases

Option 3: general

Reference no: EM132624175

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