Bob Purchased a New Computer for the Company for Cash

question 56

Multiple Choice

Bob purchased a new computer for the company for cash.The transaction will:

• A)increase Computer;increase Capital.
• B)decrease Cash;increase Accounts Payable.
• C)decrease Cash;increase Computer.
• D)increase Computer;increase Accounts Payable.

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Definitions:

Negative Messages

Communications that convey denials, rejections, or unfavorable conditions, often requiring careful wording to manage the recipient's reaction.

Social Media

Digital platforms that facilitate the sharing of ideas, information, personal messages, and other content among users.

Social Media Posts

Content that individuals publish on digital platforms like Twitter, Facebook, and Instagram to share information, thoughts, or updates with others.

Corporations

A legal entity recognized by the law, distinct from its owners, with the ability to own assets, incur liabilities, and conduct business.