Which of the Following Would Result If the Business Purchased

question 106

Multiple Choice

Which of the following would result if the business purchased equipment for cash?

• A) Supplies would increase and Cash would decrease.
• B) Supplies would increase and Capital would increase.
• C) Equipment would increase and Cash would decrease.
• D) The purchase of supplies is not a business transaction.

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Definitions:

Muffins

Small, single-serving quick breads baked in portions appropriate for one person, often sweetened and flavored with various ingredients.

Brownies

A square or rectangular chocolate baked treat that's dense and can be either fudgy or cakey in texture.

Sodium Bicarbonate

A chemical compound with the formula NaHCO3, commonly known as baking soda, used in baking, cleaning, and antacid preparations.

Baking Soda

A white crystalline compound used in baking as a leavening agent, known chemically as sodium bicarbonate.