$0$How will a companys current ratio be affected when the company recelves $$20,000$ from owners and Issues common stock tothem?The current ratio will increase because current labilities decrease.The current ratio will Increase because current assets Increase. The current ratio will decrease because current llabilities Increase

A business purchased supplies for cash. The business will decrease its Cash account and:

$($A$)$ decrease its supplies account.

increase its Supplies account.

decrease stockholders' equity by recording Supplies Expense for the amount of the payment.

increase its Supplies Payable account.

Question $23$