An asset would be debited and a liability would be credited if the business
A. bought supplies for cash.
B. incurred an expense and paid it.

D. bought equipment on account.

Question

An asset would be debited and a liability would be credited if the business
  A. bought supplies for cash. 	
  B. incurred an expense and paid it. 	
 	
  D. bought equipment on account.

anonymous · Answer

no c option?

anonymous · Answer

its incorrect

anonymous · Answer

ok well B makes sense to me but I may be wrong you should seek other help for i am also confused lol. :)

anonymous · Answer

ok well thank you anyways $\color{lime}:$$\color{lime})$

anonymous · Answer

@WyntersHowl @Elsa213 @esshotwired @Goku-Kai @Gin_Ichimaru @gswag98 @haiimawesome @jim_thompson5910 @jdoe0001

anonymous · Answer

B makes sense to me as well

anonymous · Answer

ok thank u yall soo much mind helping me on a few more

anonymous · Answer

i don't mind!