Which of the Following Transactions Would Cause Net Income for the Period

question 99

Multiple Choice

Which of the following transactions would cause net income for the period to decrease?

• A) Paid $2,500 cash for raw material cost
• B) Purchased $8,000 of merchandise inventory
• C) Recorded $5,000 of depreciation on production equipment
• D) Used $2,000 of office supplies

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Definitions:

Analog Input Module

An input circuit that employs an analog-to-digital converter to convert an analog value, measured by an analog measuring device, to a digital value that can be used by the processor.

Digital-To-Analog Converter

A device that converts digital signals (representing numerical values) into analog signals (representing physical quantities).