59. Which of the following liability accounts does not usually require a future cash payment? 60. Which of the following transactions would not be considered an external exchange? 61. Which of the following reflects the impact of a transaction where $200,000 cash was invested by stockholders in exchange for stock? 62. A corporation purchased factory equipment using cash. Which of the following statements regarding this purchase is correct? 63. Which of the following direct effects on the accounting equation is not possible as a result of a single business transaction which impacts only two accounts?
59. Which of the following liability accounts does not usually require a future cash payment? 60. Which of the following transactions would not be considered an external exchange? 61. Which of the following reflects the impact of a transaction where $200,000 cash was invested by stockholders in exchange for stock? 62. A corporation purchased factory equipment using cash. Which of the following statements regarding this purchase is correct? 63. Which of the following direct effects on the accounting equation is not possible as a result of a single business transaction which impacts only two accounts?