The hospital buys a new mri machine for cash

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The hospital buys a new MRI machine for cash. The accounting equation would be altered in the following manner: A. A decrease in cash and increase in equipment on the asset side of the equation with no change in stockholder's equity keeping the equation in balance B. A decrease in cash and decrease in liabilities C. An increase in equipment and a decrease in labor costs causing an imbalance in the equation D. The transaction will not be recorded by the hospital accountant, therefore there will be not change in the accounting equation

Reference no: EM131392259

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