C-02-Q134mediumsingle_mcq
Sagor Electronics: returned electrical wires worth Tk.5,000 to supplier. Effect:
Sagor Electronics: returned electrical wires worth Tk.5,000 to supplier. Effect:
- aAsset and liability both increase
- bLiability (A/P) decreases and purchase return increases (reduces expense)
- cAsset increases and owner's equity increases
- dLiability decreases and asset increases