An Expense Has What Effect on the Accounting Equation

question 151

Multiple Choice

An expense has what effect on the accounting equation?

• A)Decrease liabilities.
• B)Decrease stockholders' equity.
• C)Increase assets.
• D)No effect.

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Definitions:

Nutrient-rich Blood

Blood that is especially high in essential nutrients like vitamins, minerals, and oxygen, essential for maintaining healthy bodily functions.

Umbilical Cord

The flexible cord-like structure connecting a fetus to the placenta, delivering nutrients and removing waste.

Placenta

A structure that forms in the uterus while pregnant, which supplies the fetus with oxygen and nourishment while eliminating its waste.

Developing Organism

refers to an organism in the stages of growth and development, from conception through to maturity.