ician sad Mal.thburnemmescoce -Final Eam a apiers 1.. MySXXhrtal m Chapters 1-116 Help Save & Exit Submit If a company ts cash to purchase supplies, the effect on the accounting equation would be Multiple Choice Assets increase $1,460 and liabilties decrease $1,460 One asset increases $1,460 and another asset decreases $1460, causing no efflect Assets decrease $1,460 and equity decreases S1,60 Assets decrease $1,460 and equity increases $1,460 Assets increase $1,460 and liabilities increase $1,460 Prev 1or 50 Next >