For the Following Transaction,identify the Type of Change That Would

question 34

Multiple Choice

For the following transaction,identify the type of change that would have occurred in the accounting equation: Assets = Liabilities + Issued Capital + Opening retained profits + Revenue - Expenses - Dividends
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Inventory was purchased for cash.

• A) An asset increased and another asset decreased.
• B) An asset decreased and an expense increased.
• C) An asset decreased and a liability decreased.
• D) A liability increased and an expense increased.

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Definitions:

Cranial Nerves

Nerves that emerge directly from the brain, including the brainstem, responsible for sensory and motor functions of the head and neck.

Hypoglossal

Relating to the twelfth cranial nerve, which controls the muscles of the tongue, essential for swallowing and speech.

Emotional Pain

A deeply unpleasant emotional response resulting from significant loss, social rejection, or emotional neglect.

Somatosensory Cortex

A region of the brain that processes sensory information from various parts of the body, including touch, pain, and temperature.