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14 August, 06:44

If a display rack was purchased for the store, which of the following accounts would be increased?

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Answers (2)
  1. 14 August, 07:21
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    The answer is Store Equipment
  2. 14 August, 10:39
    0
    If a display rack was purchased for the store, assets is an account that would increase. An asset is something that you own and have possession of. If a store purchases a new item, they now own the item and therefor it becomes an asset of the company.
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