Question: Which of the following transactions would decrease asset by RO 2000 and increase expense by RO 2000 a. The business Purchased computer RO 2000 to

Which of the following transactions would decrease asset by RO 2000 and increase expense by RO 2000 a. The business Purchased computer RO 2000 to be used in the business O b. The business paid the utilities expense RO 2000 Oc. The business borrowed loan of RO 2000 O d. The business sold the goods and received cash RO 2000 Drawings made by the owner of a business will O a. Increase an asset and increase a liability O b. Decrease an asset and decrease liability Increase one asset and decrease other asset O d. Decrease an asset and decrease owner's equity OC. 12 Owner's equity can be increased through on 25 et red d out of O a. expenses exceeding revenues O b. purchase of assets by cash Oc withdrawals by the owner O d. investments by the owner 9 question 0) O Type here to search TO

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