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32. Newton Company bought equipment, paying cash, $25,000. Which of the following is true in regards to the fundamental accounting equation? a. Total assets increased
32. Newton Company bought equipment, paying cash, $25,000. Which of the following is true in regards to the fundamental accounting equation? a. Total assets increased by $25,000. b. Total liabilities increased by $25,000. c. Total liabilities decreased by $25,000. d. Total Owner's Equity increased by $25,000. e. Total assets are unaffected
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