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

---

Definitions:

Cholesterol

A waxy, fat-like substance present in all cells of the body, needed to make vitamin D, hormones, and substances that help digest foods.

Lipid

A group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins, and others, serving as key components of cell membranes and energy storage.

Steroid

Large family of lipids, including some reproductive hormones, vitamins, and cholesterol.

Phospholipids

A class of lipids that are a major component of all cell membranes, known for their bilayer formation that makes up the plasma membrane's structure.