The Accounting Equation for Cineo Enterprises Is as Follows $\frac{\text { Assets }}{\$ 120,000}=\frac{\text { Liabilities }}{\$ 60,000}+\frac{\text { Owner's Equity }}{\$ 60,000}$

The accounting equation for Cineo Enterprises is as follows: $\frac{\text { Assets }}{\$ 120,000}=\frac{\text { Liabilities }}{\$ 60,000}+\frac{\text { Owner's Equity }}{\$ 60,000}$ If Cineo purchases office equipment on account for $\$ 15,000$ , the accounting equation will change to