Ask Question
31 March, 19:05

Logan's Motor Sports buys $30,000 of equipment on credit. Which of the following is a true statement? A. Total assets increase. B. Total assets are unchanged. C. Total liabilities decrease. D. Total liabilities are unchanged.

+3
Answers (1)
  1. 31 March, 19:31
    0
    D. Total liabilities are unchanged.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Logan's Motor Sports buys $30,000 of equipment on credit. Which of the following is a true statement? A. Total assets increase. B. Total ...” in 📗 English if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers