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Purchased equipment worth $10,000 on account: a. Equipment decreased by $10,000 & Accounts receivable decreased by $10,000 b. Equipment increased by $10,000 & Bank loan
Purchased equipment worth $10,000 on account: a. Equipment decreased by $10,000 & Accounts receivable decreased by $10,000 b. Equipment increased by $10,000 & Bank loan increased by $10,000 c. Equipment increased by $10,000 &, Accounts payable increased by $10,000 O d. Equipment decreased by $10,000 & Accounts payable increased by $10,000
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