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9. When a company buys equipment for $150,000 and pays for one third in cash and the other two thirds is financed by a note

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9. When a company buys equipment for $150,000 and pays for one third in cash and the other two thirds is financed by a note payable, ch of the following are the effects on the accounting equation? A. Total assets increase $150,000. B. Total liabilities increase $150,000. C. Total liabilities decrease $50,000. D. Total assets increase $100,000

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