Question

se in Expenses ana decrease in Equity a decrease in Asset and a decrease in Equity Cybertech Ltd bought office equipment cost
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Answer #1

answer:remains unchanged

explanation

assets = liabilities +equity

when you paid cash and remaining arranged a loan

1) paid cash of 25000

it increases the total assets value by acquiring the asset and decrease the cash by paying so the result is remains unchanged

2) when you arrange the remaining loan of 65000

it will increase the liability account by taking loan and increases the asset account by purchasing

here assets = liabilities

so the answer is remains unchanged

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