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The accounting equation for Mickey Enterprises is as follows: Assets=Liabilities+Stockholders' Equity $360,000= $180,000+ $180,000 If the company now purchases a truck on account for $30,000, the accounting equation will change to: Assets Liabilities Stockholders' Equity a. $390,000 = $180,000 + $210,000 b. $390,000 = $198,000 + $192,000 c. $390,000 = $210,000 + $180,000 d. $360,000 = $180,000 + $180,000
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