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Financial Statements and Accounting Transactions
?
The purchase of supplies for cash will result in a/an
increase in cash and a decrease in capital
increase in cash and an increase in supplies
increase in supplies and a decrease in cash
increase in equipment and an increase in capital
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (C)
increase in supplies and a decrease in cash
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