Question 3 The accounting equation for Blossom Company is as follows: Assets $120800 Liabilities $60400 Stockholders' Equity $60400 + If Blossom purchases office equipment on account for $27000, the accounting equation will change to Assets Liabilities Stockholders' Equity $147800 $87400 + $60400 $147800 $60400 + $87400 $147800 $73900 + $73900 $120800 $60400 + $60400