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The accounting equation for Blossom Company is as follows: Assets Liabilities Stockholders Equity $59300 $118600 - $59300 + If Blossom purchases office equipment on account
The accounting equation for Blossom Company is as follows: Assets Liabilities Stockholders Equity $59300 $118600 - $59300 + If Blossom purchases office equipment on account for $25500, the accounting equation will change to Assets Liabilities Stockholders! Equity $144100 $72050 + $72050 O $144100 $84800 $59300 O $118600 $59300 + $59300 $144100 $59300 + $84800
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