Question: sophie buys a desk with her credit card in her...
Question details
Sophie buys a desk with her credit card. In her balance sheet, this results in _____________________.
| A. |
a decrease in liabilities; an increase in equity |
|
| B. |
an increase in liabilities; a decrease in assets |
|
| C. |
an increase in assets; an increase in liabilities |
|
| D. |
a decrease in equity; an increase in assets |
|
| E. |
a decrease in bank deposits; an increase in liabilities |
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