Question

Which of the following would result if the business purchased supplies on credit?
A. Supplies would increase, and Cash would decrease.
B. Supplies would increase, and Capital would increase.
C. Supplies would increase, and Accounts Payable would increase.
D. The purchase of supplies isn’t a business transaction.

Answer 1

@wyattp17 @rickyt @RosieF @tester97

Answer 2

What do you think the answer could be?

Answer 3

well i know it is not "D"

Answer 4

Either B or D

Answer 5

right

Answer 6

what?

Answer 7

B SON B

Answer 8

so if a company is buying on credit, what is happening?

Answer 9

transactions

Answer 10

correct :) and when using credit, are they using cash, capital, or Accounts Payable?

Answer 11

They are taking stuff without paying yet so they get what they need but they have to pay

Answer 12

capital i think

Answer 13

great :)

Answer 14

so it is "B"

Answer 15

FINNALLY :D

Answer 16

lol thank yall

Answer 17

np :)

Answer 18

Aight Aight hope u learned somthing at least

Answer 19

yes i did

Answer 20

good :)