ABC Company has a transaction that increases the asset cash by
$10,000
. Which of the following would result in the expanded accounting equation being in balance? Select one:
$10,000
increase in another non-cash asset
$10,000
increase in expenses
$10,000
increase in revenues
$10,000
decrease in liabilities
$10,000
increase in dividends

Question

ABC Company has a transaction that increases the asset cash by

$10,000

. Which of the following would result in the expanded accounting equation being in balance? Select one:

$10,000

increase in another non-cash asset

$10,000

increase in expenses

$10,000

increase in revenues

$10,000

decrease in liabilities

$10,000

increase in dividends

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