Purchased equipment for $50,000 cash. Post author By Anonymous Post date March 25, 2025 Related Posts:Simplify the expression [a]0,000,000,000 x…Simplify the expression [a]0,000,000,000 x…Purchased equipment for $50,000 cash. ← Received $100,000 from the sale of an investment costing $80… → Depreciation for the year, $70,000.