If services of vendor are on credit, then what will increase? a. assets b. liabilities c. owner's equity

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
A business has the following items in it: - Land $1,000,000 - Machinery $20,00...
Posted by:
Muhammad Mujtaba Shafique
13-February-2016

Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/07/16

Upvote (1) Views (3) Followers (3) Answers (2) Report Question

Write an Answer
Register now or log in to answer.

2 Answers

by Vinod Jetley , Assistant General Manager , State Bank of India

b. liabilities

Upvote (2)

Downvote Reply () Report

Muhammad Masood

by Muhammad Masood , Regional Director Sales , TCS (Pvt) Ltd

b

Upvote (0)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

If Assets = $99,500 and Owner's equity = $50,500 then Liabilities = ? A) $49,000 B) $55,000 C) $125,000 D) $115,700
Top Answer: Capital = Current Assets + Liabilities, so the answer is (A)49,000/- See More

Answers (10)
The amount of assets, liabilities and owner’s equity are changed by business transactions. it is true please give a explanation?
Top Answer: A sales transaction will increase bank/cash/receivables while decreasing inventory, on the other hand it ... See More

Answers (1)
What is the amount of ABC's owner's equity?
Top Answer: <p>according to the accountaing equation </p> <p>total assets = capital + liabilites< ... See More

Answers (4)
When calculating the Owner's Equity, what math problem would be correct?
Top Answer: <p>c Asset -liab</p> See More

Answers (7)