Accountancy, asked by ghoshadrita6, 2 days ago

A company purchases an equipment in cash. Identify the correct statement –
a) There is an increase in purchase
b) There is an increase in owners’ equity
c) There is no increase or decrease in the net position of assets
d) There is an increase in assets

Answers

Answered by pshycog71
1

Answer:

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Explanation:

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