Match Each Transaction with Its Effect on the Accounting Equation

question 138

Multiple Choice

Match each transaction with its effect on the accounting equation. Each letter may be used more than once.
-Used up supplies that were already on hand

• A)Increase assets, increase liabilities
• B)Increase liabilities, decrease owner's equity
• C)Increase assets, increase owner's equity
• D)No effect
• E)Decrease assets, decrease liabilities
• F)Decrease assets, decrease owner's equity

---

Definitions:

Adaptive

The ability or characteristic of adjusting to new conditions or environments.

Fulfilling Aspects

Refers to parts or elements of a situation, activity, or job that provide a sense of satisfaction, contentment, or happiness.

Psychoanalysis

A therapeutic approach and theory of psychology developed by Sigmund Freud, focusing on unconscious motivations and conflicts.

Unconscious Conflict

Psychological struggles within an individual that occur without their awareness, often stemming from conflicting desires or unresolved past experiences.