Company want to buy #land or #equipment, and both have the same - TopicsExpress

Company want to buy #land or #equipment, and both have the same price which is $500,000, if buyer want to pay $250,000 as down payment in cash (either land or equipment), and pay the left amount by issuing stock, so which one the following will show buying of equipment and will NOT show buying of land: a) Cash budget. b) Capital budget. c) Income statement budget. d) Balance sheet budget. #CMA #Questions

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