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19 May, 01:40

A purchase of a vehicle for cash would have what effect on the accounting equation

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  1. 19 May, 01:47
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    The answer to your question is "Total asset amount remains the same"
  2. 19 May, 01:58
    0
    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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