During the month you purchased $12,000 of supplies on credit and $19,000 of equipment for cash. When you prepare a balance sheet, assets are $24,000 more than liabilities plus shareholders' equity Multiple Choice You may have posted the increase in supplies as a credit rather than a debit You may have posted the increase in accounts payable as a debit rather than a credit. You may have neglected to post the change in accounts payable. Al would have resulted in the $24,000 error