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Carl Cornfield purchases equipment for $450. After reducing the cash line where else would Carl put an entry for this purchase? Cash Assets Equipment Assets Other Assets (includes receivables) Liabilities
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Carl Cornfield purchases equipment for $450. After reducing the cash line where else would Carl put an entry for this purchase?

Cash Assets
Equipment Assets
Other Assets (includes receivables)
Liabilities - Accounts Payable
Owner's Equity

User Zane
by
6.2k points

1 Answer

4 votes

Answer:

equipment Assets

Step-by-step explanation:

User Peter Crabtree
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