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Which of the Following Would Be the Effect of a Transaction

Question 194

Multiple Choice

Which of the following would be the effect of a transaction to expense Supplies for the period?


A) Increase Supplies, Decrease Supplies expense
B) Increase Supplies expense, Decrease Cash
C) Increase Supplies, Decrease Cash
D) Increase Supplies expense, Decrease Supplies
E) Decrease Supplies expense, Decrease Cash

Correct Answer:

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