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Sunland Van Company purchased equipment for $ 2570 cash. As a result of this event, a) total assets increased by $ 2570. b) owners equity

Sunland Van Company purchased equipment for $ 2570 cash. As a result of this event,

a) total assets increased by $ 2570.

b) owners equity decreased by $ 2570.

c) total assets remained unchanged.

d) owners equity decreased and total assets increased by $ 2570.

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