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How does buying a plant asset affect general ledger accounts

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User Pescuma
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1 Answer

2 votes

Answer:

A plant asset will add to assets and subtract from liabilities.

Step-by-step explanation:

The general ledger holds all of the information needed to prepare financial statements and includes assets, liabilities, equity, revenue and expenses.

I hope I understood the question and that this helps.

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User Fisker
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