Which of the following is the impact on the accounting equation of a business purchasing equipment for
$200,000
in cash? Select one: Decrease in one asset and an increase in another asset Decrease in an asset and an increase in a liability Increase in a liability and a decrease in stockholders' equity Decrease in an asset and a decrease in stockholders' equity Clear my choice

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Which of the following is the impact on the accounting equation of a business purchasing equipment for

$200,000

in cash? Select one: Decrease in one asset and an increase in another asset Decrease in an asset and an increase in a liability Increase in a liability and a decrease in stockholders' equity Decrease in an asset and a decrease in stockholders' equity Clear my choice

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