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The Accounting Equation for Quattro Enterprises Is as Follows  Assets $120,000= Liabilities $60,000+ Stockholders’ Equity $60,000\frac { \text { Assets } } { \$ 120,000 } = \frac { \text { Liabilities } } { \$ 60,000 } + \frac { \text { Stockholders' Equity } } { \$ 60,000 }

question 95

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The accounting equation for Quattro Enterprises is as follows:  Assets $120,000= Liabilities $60,000+ Stockholders’ Equity $60,000\frac { \text { Assets } } { \$ 120,000 } = \frac { \text { Liabilities } } { \$ 60,000 } + \frac { \text { Stockholders' Equity } } { \$ 60,000 } If Quattro purchases office equipment on account for $25,000, the accounting equation will change to  AssetsLiabiltiesStockholders’ Equity \text { Assets\quad\quad Liabilties\quad Stockholders' Equity }
a. $120,000=$60,000+$60,000\$ 120,000=\$ 60,000+\$ 60,000
b. $145,000=$60,000+$85,000\$ 145,000=\$ 60,000+\$ 85,000
c. $145,000=$72,500+$72,500\$ 145,000=\$ 72,500+\$ 72,500
d. $145,000=$85,000+$60,000\$ 145,000=\$ 85,000+\$ 60,000

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