Question

Bonnie’s Baskets purchases $4,000 worth of office equipment on account. This causes
A. Cash and Capital to decrease.
B. Office Equipment and Accounts Payable to increase.
C. Office Equipment to decrease and Accounts Payable to increase.
D. Accounts Payable to increase and Capital to decrease.

Answer 1

B. The office equipment will increase as will the accounts payable by $4,000

Answer 2

can u help me on a few more

Answer 3

I can try

Answer 4

ok thank you