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Author Question: A company purchases supplies for cash. What is the net result on the accounting equation? (Read 68 times)

EY67

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on: Feb 18, 2020
A company purchases supplies for cash. What is the net result on the accounting equation?
◦ Total Liabilities will increase.
◦ Total Assets will not change.
◦ Total Assets will increase and total Liabilities will decrease.
◦ Total Assets will increase and Stockholders' Equity will increase.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by EY67 on Feb 18, 2020

lucas dlamini

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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EY67

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

pratush dev

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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