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A dental office purchases dental equipment on account. What effect does this transaction have on the accounting equation? Decrease in assets and Increase in liabilities
A dental office purchases dental equipment on account. What effect does this transaction have on the accounting equation?
Decrease in assets and Increase in liabilities | ||
Increase in assets and Decrease in liabilities | ||
Increase in assets and Increase in liabilities | ||
Decrease in assets and Decrease in liabilities |
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