Top Posters
Since Sunday
L
3
d
3
y
3
a
3
n
3
d
3
e
3
d
3
c
3
p
3
M
3
a
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
tivo tivo
wrote...
Go to Answer
Posts: 1776
Rep: 1 0
7 years ago
A business purchases a computer for cash. What effect does this have on the accounting equation?
A) Stockholders' Equity and Assets go up.
B) There is no change in Total Assets.
C) Assets go up and Liabilities go down.
D) Stockholders' Equity and Liabilities go up.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 98 times
2 Replies
Replies
Answer verified by a subject expert
antonio_johnantonio_john
wrote...
#1
Top Poster
Posts: 898
Rep: 47 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Massachusetts Institute of Technology
-- Accounting

Related Topics

tivo Author
wrote...
#2
7 years ago
I appreciate it once again, answered correctly
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1145 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 201
  
 158
  
 526
Your Opinion
What's your favorite funny biology word?
Votes: 336
Previous poll results: Which country would you like to visit for its food?