Which of These Effects of a Single Transaction on the Accounting

question 41

Multiple Choice

Which of these effects of a single transaction on the accounting equation is not possible?

• A) Increase in assets at the same time as an equal increase in equity.
• B) Decrease in assets at the same time as an equal decrease in liabilities.
• C) Increase in liabilities at the same time as an equal decrease in liabilities.
• D) Decrease in liabilities and at the same time an equal decrease in equity.

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Definitions:

Negative Thoughts

Involves patterns of thinking that are pessimistic, self-critical, or defeatist, and can affect one's mood and mental health.

Cognitive-Behavioral Therapy

A form of psychotherapy that aims to improve mental health by identifying and challenging negative thought patterns and behaviors and replacing them with healthier ones.

Major Depressive Disorder

A mental health disorder characterized by a persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

Psychoanalytic Therapy

A therapeutic approach developed by Freud that seeks to explore unconscious motivations and conflicts, through techniques such as dream analysis and free association.