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OPTIONSEnglish Abdulhamid Kurdi Calculator Assignments Gradebook Question #19 Torres Company purchases printing equipment for $8,000, paying 40% of the amount due in cash and agreeing to pay the balance at a later date. Required: What is the effect of this transaction on individual asset accounts, individual liability accounts, the Capital Stock account, and the Retained Earnings account? Check all that apply. An asset account increases. An asset account decreases A liability account A liability account increases. Capital Stock i Retained Earnings increase. Capital Stock decreases. Retained Earnings decrease Clear Next >> I don't know