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pasanenl
Mar 13, 2010, 09:39 AM
American Corporation purchased $25,000 of equipment, paying $5,000 in cash and promising to pay $20,000 in 90 days. How much will assets increase?

morgaine300
Mar 13, 2010, 04:51 PM
Please see the guidelines for posting homework:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

What accounts does this affect?