Purchasing equipment for cash will increase total assets.
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Q25: The normal balance of an expense is
Q29: The purchase of supplies decreases Owner's Capital.
Q31: Purchasing supplies for cash increases total assets.
Q32: The investment of cash in the business
Q33: The investment of cash in the business
Q35: The chart of accounts is the basic
Q36: When cash is invested in the business
Q37: The purchase of equipment is recorded with
Q38: Purchasing supplies on account increases total assets.
Q39: Recording the purchase equipment for cash requires
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