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The accounting equation for Quattro Enterprises is as follows: $ 1 2 0 , 0 0 0 ( Assets ) = $ 6 0 ,

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The accounting equation for Quattro Enterprises is as follows:
$120,000(Assets)= $60,000(Liabilities)+ $60,000(Stockholders' Equity)
If Quattro purchases office equipment on account for $25,000, the accounting equation will
change to
$120,000(Assets)= $60,000(Liabilities)+ $60,000(Stockholders' Equity)
$145,000(Assets)= $60,000(Liabilities)+ $85,000(Stockholders' Equity)
$145,000(Assets)= $72,500(Liabilities)+ $72,500(Stockholders' Equity)
$145,000(Assets)= $85,000(Liabilities)+ $60,000(Stockholders' Equity)
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