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9 December, 18:11

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

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  1. 9 December, 19:47
    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.
  2. 9 December, 20:46
    0
    The answer is Store Equipment
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