Question: When a company purchases $2,000 in supplies on credit, what is the correct impact on the company's trial balance? Question 5 options: a) Assets decrease

When a company purchases $2,000 in supplies on credit, what is the correct impact on the company's trial balance? Question 5 options: a) Assets decrease by $2,000 (credit side), and Liabilities increase by $2,000 (debit side). b) There is no impact on the trial balance. c) Assets increase by $2,000 (debit side), and Liabilities increase by $2,000 (credit side). d) Assets increase by $2,000 (debit side), and Owner's Equity decreases by $2,000 (credit side)

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