Question

The purchase of supplies for cash would affect which account category?
A. Assets
B. Liabilities
C. Capital
D. Expense

Answer 1

@Whitemonsterbunny17 @Purplerainbowcherry

Answer 2

The question makes no sense. What supplies do you buy "for cash"? Coin rollers?

Purchase Supplies WITH cash, maybe?
Exchange supplies for cash, maybe?

Supplies are not assets.

Answer 3

idk this is all that it gives me

Answer 4

i think it is "C"

Answer 5

Is cash capital?

Answer 6

i think so but i am not 100% sure

Answer 7

Well, without a clear definition of these terms, you cannot answer this question.

Here is where we start.
A. Assets
B. Liabilities
C. Capital
D. Expense

Supplies are not Assets or Liabilities.
Cash is Capital, but buying Supplies is an Expense process.
Based on these definitions, I'm thinking we have this,

A. Assets
B. Liabilities
C. Capital ==>
D. Expense <==

Answer 8

so u r saying that it is "D"

Answer 9

??/

Answer 10

I'm saying with the unclear definitions, it's C and D. Get better definitions and maybe we can clear it up.

Answer 11

ok

Answer 12

im pretty sure that it is capital