The Purchase of Land for Cash Would

question 84

Multiple Choice

The purchase of land for cash would:

• A)have no effect on total assets.
• B)decrease stockholders' equity.
• C)increase total assets.
• D)increase the total debits on the trial balance.

---

Definitions:

Engine Speed

The measure of the number of revolutions per minute (RPM) at which an engine's crankshaft is rotating.

Generator Tests

Diagnostic procedures used to assess the functioning and efficiency of a vehicle's generator or alternator, ensuring it provides sufficient electrical power.

Battery Load Test

A test that measures the battery’s ability to produce current by loading it at one-half of its CCA rating for 15 seconds, during which time the battery voltage should not drop below 9.6 volts. Special equipment isrequired. Also called a high-capacity discharge test.

Produce Current

The process of generating an electrical current through various means such as mechanical movement in generators or chemical reactions in batteries.