What would be the affect on the components of the accounting-13651
What would be the affect on the components of the accounting equation, if goods are purchased on cash?
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Mid Term - Quiz No.6.
What would be the affect on the components of the accounting equation, if goods are purchased on cash?
Increase in cash and decrease in equity
Increase in cash and increase in goods
Increase in goods and decrease in cash
Increase in equipment and increase in equity
