English
English, 02.07.2021 08:40, christeinberg1

Robert decides to actually set up his business. He has $30,000 in his business account. He decides to buy some baking equipment for his catering, so that he
can bake various foods. The equipment costs $13,000. He pays for the
equipment in cash.
What happens to the accounting equation in this scenario?
What would happen if he borrowed the money for the equipment?

answer
Answers: 2

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Robert decides to actually set up his business. He has $30,000 in his business account. He decides...

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