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The accounting equation for Golub Enterprises is as follows: Assets $720,000 = = Liabilities $360,000 + + Stockholders' Equity. $360,000 If the company now purchases
The accounting equation for Golub Enterprises is as follows: Assets $720,000 = = Liabilities $360,000 + + Stockholders' Equity. $360,000 If the company now purchases office equipment on account for $60,000, the accounting equation will change to:
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