How Does the Purchase of Equipment by Signing a Note

question 2

Multiple Choice

How does the purchase of equipment by signing a note affect the accounting equation?

• A) assets increase; assets decrease
• B) assets increase; liabilities decrease
• C) assets increase; liabilities increase
• D) assets increase; owner's equity increases

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Definitions:

Replacement Chart

A visual or data-driven tool used in human resources to outline potential internal candidates for succession planning or to fill upcoming vacancies.

Staffing Tables

Organizational charts or documents that outline the current and future personnel needs of a company, including job titles and employee counts.

Hrm Programs

Initiatives designed to manage and enhance an organization's workforce through strategic planning, employee engagement, training, and development.

Demand and Supply

The fundamental economic principle that describes how the availability of a product (supply) and the desire for that product (demand) influence its price.