If a Company Has Excess Space in Its Building That

question 162

Multiple Choice

If a company has excess space in its building that it rents to another company for $700,what is the effect on the accounting equation during the first month?

• A)Assets would decrease $700 and liabilities would decrease $700.
• B)Assets would decrease $700 and equity would increase $700.
• C)Assets would increase $700 and equity would decrease $700.
• D)Assets would increase $700 and equity would increase $700.
• E)Liabilities would decrease $700 and equity would increase $700.

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Definitions:

Implanon

A brand of contraceptive implant that releases hormones to prevent pregnancy.

Basal Body Temperature Method

A method of tracking a woman's fertility by monitoring temperature changes throughout her menstrual cycle.

Fertility Awareness-Based Methods

A set of practices used to determine the fertile and infertile phases of a person's menstrual cycle to prevent or achieve pregnancy.

Ovulation

The phase in the menstrual cycle when an ovary releases an egg for possible fertilization, marking a woman's most fertile period.