bibhubratipradh bibhubratipradh

Today at 9:57 AM
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A purchase of a vehicle for cash would have what effect on the accounting equation

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Johhnyboii Johhnyboii

Today at 10:02 AM

It has no effect, because you are swapping one asset for another. You're increasing inventory, which is an asset, and decreasing cash, which is also an asset.

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Today at 10:02 AM

The answer to your question is "Total asset amount remains the same"

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