The Effect on the Accounting Equation of the Business Buying

Multiple Choice

The effect on the accounting equation of the business buying a computer worth $900 paying $450 cash and owing $450 to be paid in 30 days' time is:.

A) increase the asset computers,increase the asset cash,decrease the liability accounts payable
B) decrease the asset computers,increase the asset cash,decrease the liability accounts payable
C) increase the asset computers,decrease the asset cash,increase the liability accounts payable
D) increase the asset computers,increase the asset cash,decrease the liability accounts payable.