Use This Information to Answer the Following Question

question 113

Multiple Choice

Use this information to answer the following question. Here is the balance sheet for Abbot Box Company,Inc.:
If the balance in the Cash account were used to buy more equipment,then the total assets would

• A) remain unchanged.
• B) increase by $8,000.
• C) decrease by $8,000.
• D) increase by $21,000.

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Definitions:

Subject Line

The title or summary line of an email that indicates the content to the reader before opening the message.

Informative Message

A message designed to provide facts, data, or knowledge without intending to elicit a specific action or response.

Negative Elements

Factors or components in a system or environment that detract from its value or function.

Business Decisions

Choices or judgements made within a business context to direct company strategies and operations.