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  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 2: Reporting Investing and Financing Results on the Balance Sheet
  5. Question
    If Supplies Are Purchased for Cash
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If Supplies Are Purchased for Cash

Question 132

Question 132

Multiple Choice

If supplies are purchased for cash:


A) total assets will increase.
B) total assets will decrease.
C) total assets will remain the same.
D) stockholders' equity will increase.

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