Stackables,Inc

question 39

Multiple Choice

Stackables,Inc.paid $2,000 cash for inventory.The effect of this transaction on the accounting equation is:

• A)Total shareholders' equity
• B)Total shareholders' equity
• C)Total shareholders' equity
• D)Total shareholders' equity

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Definitions:

RAM

Short for Random Access Memory, it's a form of computer memory that can be read and changed in any order, typically used to store working data and machine code.

Hardware

The physical components of a computer system, including the CPU, memory, and input/output devices.

Input Device

Hardware used to enter data and commands into a computer system; examples include keyboards, mice, and scanners.

Touchscreens

Input devices that allow users to interact with a computer or other devices by touching the screen directly with one or more fingers or a stylus.