The owner of a computer selvices business was able to acquire a new computer, ...
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Accounting
The owner of a computer selvices business was able to acquire a new computer, valued at $ by establishing an account with the computer vendor, Com Pewters Unlimited. There was no down payment. How does this transaction impact the accounting equation? Increase an asset, increase a liability Increase an asset, increase equity Decrease an asset, decrease a liability Increase one asset and decrease another asset Decrease an asset, decrease equity 
The owner of a computer selvices business was able to acquire a new computer,
valued at $ by establishing an account with the computer vendor, Com Pewters
Unlimited. There was no down payment. How does this transaction impact the
accounting equation?
Increase an asset, increase a liability
Increase an asset, increase equity
Decrease an asset, decrease a liability
Increase one asset and decrease another asset
Decrease an asset, decrease equity
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