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If a company purchased equipment for cash, the accounting equation would show a(n): A. Increase in assets and decrease in assets B. Decrease in liabilities
If a company purchased equipment for cash, the accounting equation would show a(n):
| A. | Increase in assets and decrease in assets | |
| B. | Decrease in liabilities and increase in assets | |
| C. | Increase in liabilities and increase in assets | |
| D. | Decrease in liabilities and decrease in assets | |
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Management Accounting Text Problems And Cases
Authors: M. Y. Khan, P K Jain
7th Edition
9352606787, 978-9352606788
