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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
The purchase of equipment for cash would:
A) increase total assets.
B) increase total assets and decrease liabilities.
C) decrease both liabilities and owner's equity.
D) have no effect on total assets.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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6 years ago
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harra Author
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#2
6 years ago
Very timely, excellent answer
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