Joan is the proprietor of a manufacturing company. She purchased a machine worth $1,000 for the business on credit. How will this transaction affect the accounting equation? A. Assets (1,000) = Liabilities (1,000) + Owners' Equity
B. Assets = Liabilities (1,000) + Owners Equity (1,000)
C. Assets (1,000) = Liabilities + Owners Equity (1,000)
D. Assets = Liabilities (1.000) + Owners' Equity (1,000)

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