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-   -   The purchase of an asset (https://www.askmehelpdesk.com/showthread.php?t=666374)

  • Jun 2, 2012, 09:00 AM
    scotty134
    The purchase of an asset
    The purchase of an asset on credit does what?
  • Jun 2, 2012, 09:52 AM
    smoothy
    Quote:
    Originally Posted by scotty134 View Post
    The purchase of an asset on credit does what?
    Costs you a lot of money in interest?
  • Jun 2, 2012, 11:14 AM
    pready
    Increase a liability.
  • Jun 2, 2012, 05:05 PM
    paraclete
    Quote:
    Originally Posted by scotty134 View Post
    The purchase of an asset on credit does what?
    Adds both to assets and liabilities

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