What would be the affects on component of the accounting-12774
What would be the affects on component 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 Final Term - Quiz No.6.
What would be the affects on component 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 cash and decrease in goods