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Q: If supplies that have been purchased are used in the course of business, then 1) an asset will increase. 2) owner's equity will increase. 3) a liability will increase. 4) owner's equity will decrease
A: Answer is 1. If supplies that have been purchased are used in the course of business, then an asset will increase.
Expert answered|piash|Points 1563|
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Asked 10/11/2011 9:44:58 PM
Updated 10/11/2011 10:12:25 PM
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This answer has been confirmed as correct and helpful.
Confirmed by sujaysen [12/13/2014 2:26:33 PM]
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