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The accounting equation for Crane Company is as follows: Assets Liabilities Stockholders: Equity $60100 $120200 - $60100 + If Crane purchases office equipment on account

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The accounting equation for Crane Company is as follows: Assets Liabilities Stockholders: Equity $60100 $120200 - $60100 + If Crane purchases office equipment on account for $25400, the accounting equation will change to Assets Liabilities Stockholders Equity O $145600 $60100 + $85500 $120200 $60100 + $60100 O $145600 $85500 + $60100 $145600 $72800 + $72800

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