During March, Connor Corporation purchased supplies for cash. The supplies will be used in April. What effect does this transaction have on the accounting equation at the time the supplies are purchased?
A) Assets increase and stockholders' equity decreases
B) Assets and liabilities increase
C) There is no net effect on the accounting equation, as one asset account increases while another asset account decreases.
D) There is no net effect on the accounting equation, as the transaction should not be recognized until April.
C
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What are the correct formulas for cells B2 and B3?
a) =B1/(1-B1) and =1/(1-B1)
b) =B1/(1+B1) and =1/(1+B1)
c) =B1/(1+B1)^2 and =1/(1+B1)^2
d) =B1/(1-B1)^2 and =1/(1-B1)^2
e) =B1/(B1-1) and =1/(B1-1)
Define a qualified prospect.
What will be an ideal response?
To move from market factors for one country to another similar country involves estimation by __________.
Fill in the blank(s) with the appropriate word(s).
The value of flexibility increases with an increase in uncertainty
Indicate whether the statement is true or false.