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1) Delta Company purchased a delivery truck for a total cost of $15 , 000 . Delta paid $2 , 000 in cash and signed

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1) Delta Company purchased a delivery truck for a total cost of $15 , 000 . Delta paid $2 , 000 in cash and signed a note payable for the remainder. The total effect of this transaction on the accounting equation was to: - increase assets by $15 , 000 , increase liabilities by $13 , 000 and increase equity by $2 , 000 . increase assets by $15 , 000 , increase liabilities by $15 , 000 and have no effect on equity. increase assets by $13 , 000 , increase liabilities by $15 , 000 and decrease equity by $2 , 000 . increase assets by $13 , 000 , increase liabilities by $13 , 000 and have no effect on equity

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