A businessman invested $200000 land, purchased good $13000, paid salaries $4000 and Purchased return $2000. Which of the following will be uneffected?

4. All will be effected, Statement is wrong

I think there is no transaction which can effect liability.................i think liability

4. All will be effected, Statement is wrong

The investments $200,000 land will affect asset and equity

Purchase of goods will affect liability and assets (inventory)

Paid salaries will affect asset (cash or bank) and expenses which in turn will affect owner's equity through the addition of the retained earnings reduced by this expense

Purchase return will affect inventory and liabilities 

Based on this all will be affected

4) option   All will be .....................

The Owner's Equity is unaffected so that correct option is1)

LIability ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

i will go with Option No4. All will be effected, Statement is wrong

Liabilities will be unaffected

My answer is2. Liabilities.

The questions is silent as to what kind of purchase to the goods have to be made.

all three entries dont effect liability account.

my answer is LIABILITY

IF PURCHASES WERE ON CREDIT THEN ALL WILL BE EFFECTED ANSWER4 IS CORRECT ANSWER BUT IF PURCHASES WERE ON CASH BASIS THEN lIABILITIES WILL NOT BE EFFECTED