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If a $ 1 5 , 0 0 0 purchase of equipment for cash is incorrectly recorded as an increase to equipment and as an
If a $ purchase of equipment for cash is incorrectly recorded as an increase to
equipment and as an increase to cash, at the end of the period assets will:
a exceed liabilities and stockholders' equity by $
b equal liabilities and stockholders' equity.
c exceed liabilities and stockholders' equity by $
d exceed liabilities and stockholders' equity by $
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