Several Transactions Are Listed

question 81

Multiple Choice

Several transactions are listed. Use the choices to identify the effect on the accounting equation for each transaction listed. (Choices may be used more than once.)
-purchasing a building for cash

• A)assets and liabilities increase
• B)assets and contributed capital increase
• C)assets and retained earnings increase
• D)two asset accounts are impacted, but there is no net effect on total assets
• E)assets and liabilities decrease
• F)assets and retained earnings decrease
• G)liabilities increase and retained earnings decrease
• H)liabilities decrease and retained earnings increase

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Definitions:

Anxious/Avoidant

A type of attachment style characterized by a desire for closeness with others but a fear of getting too close or being too dependent.

Internalize The Behavior

The process of adopting external behaviors, norms, or attitudes as part of one's own personality or belief system.

Harsh Threats

The use of severe or stringent warnings or punishments to influence behavior.

Emotional Reactivity

The extent to which an individual responds emotionally to stimuli, affecting how intensely they experience feelings like happiness or sadness.