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    Horngrens Accounting Study Set 2
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    Exam 1: Accounting and the Business Environment
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    Purchasing Office Equipment on Account Would
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Purchasing Office Equipment on Account Would

Question 128

Question 128

Multiple Choice

Purchasing office equipment on account would:


A) decrease owner's equity.
B) increase owner's equity.
C) have no effect on owner's equity.
D) decrease liabilities.

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