[Answer] Rivers Computer Makeover Company purchased various computer supplies on account to be used for repairing their customers' computers. How will this business transaction affect the accounting equation?

Answer: Increase Assets (Supplies) and Increase Liabilities (Accounts Payable)

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Rivers Computer Makeover Company purchased various computer supplies on account to be used for repairing their customers' computers. How will this business transaction affect the accounting equation? Rivers Computer Makeover Company purchased various computer supplies on account to be used for repairing their customers' computers. How will this business transaction affect the accounting equation ? Increase Assets ( Supplies ) and Increase Liabilities (Accounts Payable) ... Rivers Computer Makeover Company purchased various computer supplies on account to be used for repairing their customers’ computers. How will this business transaction affect the accounting equation ? Increase Assets ( Supplies ) and Increase Liabilities (Accounts Payable) ... Rivers Computer Makeover Company purchased $15 000 of Computer and Office Equipment. ... Rivers Computer Makeover Company purchased various computer supplies on account to be used for repairing their customers’ computers. How will this business transaction affect the accounting equation ? a. Wed Mar 05 2008 · Rivers computer makeover company purchased $15 000 of computer and office? ... How will this transaction affect the accounting equation ? Follow . 2 answers 2. Report Abuse. Are you sure you want to delete this answer? Yes No. ... When you paid cash for part of the computers you decrease cash by 3 000 but you increase fixed assets by 15 000 and ... How does the purchase of equipment by signing a note affect the accounting equation ? a. assets ... is sold for $75 000 in cash. What ...

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