An increase in assets results in a to cash.

Question

Question

business accounting

Answer 1

Answer #1

Increase in current assets the cash value decrease.

Increase in current asset means purchase of asset by cash so that cash outflow.

But there in no change in total current assets value.

Answer 2

Similar Homework Help Questions

If expenses are paid in cash, then liabilities will decrease. assets will increase. assets will decrease....

If expenses are paid in cash, then liabilities will decrease. assets will increase. assets will decrease. stockholders' equity will increase. Save for Later
9. Diana, owner, withdrew $5,000 cash from the business A. Assets Increase; Liabilities Increase B. Assets...

9. Diana, owner, withdrew $5,000 cash from the business A. Assets Increase; Liabilities Increase B. Assets Increase; Equity Increases C. Assets Increase; Assets Decrease D. Liabilities Increase; Equity Decreases E. None of the above 10. Paid utility bill received in transaction (7) above A. Assets Increase; Liabilities Increase B. Assets Decrease; Equity Decreases C. Assets Increase; Equity Increases D. Liabilities Increase; Equity Decreases E. None of the above
If supplies are purchased for cash: Multiple Choice total assets will decrease. total assets will increase....

If supplies are purchased for cash: Multiple Choice total assets will decrease. total assets will increase. stockholders' equity will increase. total assets will remain the same.

NI+D+L-G Saffordville Co. Cash Flow Statement (Inderect Method) Current Assets Increase Current Assets Decrease Decrease Increase...

NI+D+L-G Saffordville Co. Cash Flow Statement (Inderect Method) Current Assets Increase Current Assets Decrease Decrease Increase Need Help Completing the Cash Flow of Statement Assets Cash A/R Inventory Investments Equipment Accumulated Derp.-Equipment Total Liabilities and Stockholders' Equity 2020 77,700 60,800 126,900 79,500 315,000 (44,500) 615,400 2019 33,400 447,000 92,650 107,000 205,000 (40,000) 845,050 112,660 Current Liabilities Increase Increase Current Liabilities Decrease Decrease Cah flows from operating activities Net Income Add: Decrease in Accounts Receivables Increase in A/P A/P 48,280 18,830...
Performing services on account will increase assets and increase owner’s equity. increase assets and increase liabilities....

Performing services on account will increase assets and increase owner’s equity. increase assets and increase liabilities. increase liabilities and increase owner’s equity. increase assets and decrease owner’s equity.
The receipt of cash on account will decrease the Cash account balance. increase revenues. increase total...

The receipt of cash on account will decrease the Cash account balance. increase revenues. increase total stockholders' equity. not change total assets.

Purchased office supplies on account. assets increase; liabilities increase assets decrease; liabilities decrease assets increase; owner's...

Purchased office supplies on account. assets increase; liabilities increase assets decrease; liabilities decrease assets increase; owner's equity increase assets increase; owner's equity decrease Indicate the effect of the following transaction on the elements of the accounting equation. Paid creditors, on account assets increase; liabilities increase assets decrease; liabilities decrease assets decrease; liabilities increase assets decrease; owner's equity increase Question 9 3 pts List of the entire group of accounts maintained by a business. general journal chart of accounts T-account accounting...
An increase in which one of the following will cause the cash flow from assets to...

An increase in which one of the following will cause the cash flow from assets to decrease? 1. Earnings before interest and taxes. II. Depreciation. III. Taxes. 0 O O O O Tonly. ll only. III only. I and II only. II and III only.
Debits O increase both assets and liabilities. decrease both assets and liabilities. decrease assets and increase...

Debits O increase both assets and liabilities. decrease both assets and liabilities. decrease assets and increase liabilities. O increase assets and decrease liabilities.

Debits O increase both assets and liabilities. decrease both assets and liabilities. decrease assets and increase...

Debits O increase both assets and liabilities. decrease both assets and liabilities. decrease assets and increase liabilities. O increase assets and decrease liabilities.