The accounting equation for Gudgeyes Enterprises is as follows: Assets Liabilities Owner's Equity $120,000 = $60,000 + $60,000 an If Gudgeyes purchases office equipment on account for $12,000, the accounting equation will change to Assets Liabilties Owner's Equity A. $120,000 = $60,000 + $60,000 B. $132,000 = $60,000 + $72,000 C. $132,000 = $66,000 + $66,000 D. $132,000 = $72,000 + $60,000 Select one: OD OB OA Next page is page PREVIOUS ACTIVITY Ebook