Purchasing supplies and paying cash for them would?

Question

a.	increase total assets
b.	decrease total assets
c.	have no effect on total assets
d.	increase total liabilities and stockholders’ equity

GEORGE T G · Answer

<p>No effect</p>

khaled Ibrahim Sayed Abd El Salam Ibrahim · Answer

Big Yes (( C )) because its supplies and not related to Assets or StockHolder's equtiy .

Ajay Kumar Tiwari · Answer

c. have no effect on total assets

Saad fajene · Answer

There are I effect cause we are decrease the cash and this asserts and. At the same moment we are increase the inventory. So no effect will

Rihan Najimudeen · Answer

Have no effect on assets

Zain Ul Abideen Mughal · Answer

Kevin Simms · Answer

No effect overall as reduction is cash is matched by increase in inventory.

Not good for cashflow paying in cash though! :-)