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    jobstlinton's Avatar
    jobstlinton Posts: 1, Reputation: 1
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    #1

    Sep 9, 2008, 02:39 PM
    Aaccounting?
    .) ABC Law Firm purchases $1,000 worth of office equipment on account. This causes what?
    bethann31000's Avatar
    bethann31000 Posts: 6, Reputation: 1
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    #2

    Sep 10, 2008, 01:02 PM
    Quote Originally Posted by jobstlinton
    .) ABC Law Firm purchases $1,000 worth of office equipment on account. This causes what?
    A rise in both Furniture & Fixtures (Assets) and Accounts Payable.
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