The company purchases equipment with its cash. the Assets will?

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On an accounting statement of cash flows an "increase(decrease) in cash and...
Posted by:
Emad Mohammed said abdalla
27-March-2015

1. Increase

2. Decrease

3. No Effect

Accounting Financial Accounting Banking Accounting and Finance

Question ajoutée par Imdad Hussain Rajput , Assistant Sales Manager , Forego
Date de publication: 2015/08/02

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2 Réponses

Mehboob M Yaqoob

par Mehboob M Yaqoob , Payroll Supervisor , Boutiqaat Group

no effect on total assets, since one asset will decrease and other asset will increase in same amount.

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Mehboob Ali Laghari

par Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

Since both, cash and equipments are form of assets... Your assets will increase while cash will decrease

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