
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

Answer is 1. If supplies that have been purchased are used in the course of business, then an asset will increase. ...
Complete Conversation
User: 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
Note: 2) owner's equity will increase
Auto answered|Score .6|josh_josue|Points 101|Note: I'm sorry that that wasn't a good answer. Please hold on while I contact an expert.
View and rate new answers
Rating
0
[Deleted]
10/11/2011 10:12:23 PM