Which of the Following Transactions Would Cause a Change in Owners

question 15

Multiple Choice

Which of the following transactions would cause a change in owners' equity?

• A)Repayment of the principal on a bank loan.
• B)Purchase of a delivery truck on credit.
• C)Sale of land on credit for a price above cost.
• D)Borrowing money from a bank.

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Definitions:

Alternative RNA Splicing

A post-transcriptional process in which exons or introns are selectively included in or excluded from a final mRNA transcript, thus allowing a single gene to code for multiple proteins.

Acetyl Groups

Functional groups in organic chemistry that consist of a methyl group single-bonded to a carbonyl. The formula is CH3CO-.

Methyl Groups

Chemical groups consisting of one carbon atom bonded to three hydrogen atoms, often involved in modifying DNA or proteins in cells.