Question

Which transaction would cause one asset to increase and another asset to decrease?
A. The owner invested cash in the business.
B. The business paid a creditor.< 12 years ago

Answer 1

@Maccrea @KlOwNlOvE @firstyoufall @happycomposers

Answer 2

Which one are you thinking

Answer 3

"D"???

Answer 4

I was thinking B but I'm not 100 percent

Answer 5

its not
i got it wrong

Answer 6

Oh what was it

Answer 7

idk

Answer 8

i still need the answer

Answer 9

an asset is something of value that you own.

example: cash in the bank
or a business you own

if you move cash from the bank into the business

the cash asset goes down
but the business asset goes up

Answer 10

so "A"??

Answer 11

yes

Answer 12

ok thank you @phi could u help me some more