How would the purchase of a computer on account affect the accounting equation?

Question

Quizplus · Accepted Answer

Purchasing a computer on account means that the company is buying the computer on credit and it will create a liability for the company because they now owe the seller money. This increases the liabilities on the balance sheet. At the same time, the company now owns a new asset in the form of the computer, which increases the assets on the balance sheet. Therefore, both liabilities and assets will increase, resulting in an increase in the accounting equation.

How Would the Purchase of a Computer on Account Affect