if the company now purchases office equipment on account for $20,000, the accounting equation will change to:

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02-09-2022
Business

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if the company now purchases office equipment on account for $20,000, the accounting equation will change to:

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pragyavermav1 pragyavermav1 · Answer 1 · 2022-09-07T22:25:45-04:00

The accounting equation will change to $500,000 = $260,000 + $240,000

An equation is a mathematical statement this is made from two expressions connected via the same sign. as an instance, 3x – 5 = 16 is an equation. solving this equation, we get the price of the variable x as x = 7.

The equation is described as the country of being identified and is frequently proven as a math expression with equal values on both facet, or refers to a problem where many staff needs to be taken under consideration. An example of an equation is 2+2 = three+1.

There are two forms of equations: identities and conditional equations. An identification is proper for all values of the variables. A conditional equation is handiest true for unique values of the variables. An equation is written as two expressions, related with the aid of an equals signal ("=").

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