Multiple Choice
When a computer is bought on account, the result is
A) an increase in the asset Computer and an increase in the liability Accounts Payable.
B) an increase in the asset Computer and a decrease in the liability Accounts Payable.
C) a decrease in the asset Computer and an increase in the liability Accounts Payable.
D) a decrease in the asset Computer and a decrease in the liability Accounts Payable.
Correct Answer:
Verified
Correct Answer:
Verified
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