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The accounting equation for Quattro Enterprises is as follows: $ 1 2 0 , 0 0 0 ( Assets ) = $ 6 0 ,
The accounting equation for Quattro Enterprises is as follows:
$Assets $Liabilities $Stockholders Equity
If Quattro purchases office equipment on account for $ the accounting equation will
change to
$ $ $ Equity
$ $ $ Equity
$ $ $ Equity
$ $ $ Equity
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