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-   -   Effect on assets (https://www.askmehelpdesk.com/showthread.php?t=457506)

  • Mar 13, 2010, 09:39 AM
    pasanenl
    Effect on assets

    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?
  • Mar 13, 2010, 04:51 PM
    morgaine300

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    What accounts does this affect?

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