Question: 39) A transaction caused a Rs 10,000 decrease in both total assets and total liabilities. This transaction could have been: A). Repayment of a Rs
39) A transaction caused a Rs 10,000 decrease in both total assets and total liabilities. This transaction could have been:
A). Repayment of a Rs 10,000 bank loan.
B). An asset with a cost of Rs 10,000 was destroyed by fire.
C). Collection of a R$ 10,000 account receivable.
D). Purchase of a delivery truck for R$ 10,000 cash.
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