* Buying goods for 30,000 dinars and paying its value in cash. This will lead toIncrease cash and increase merchandise ODecrease in cash and increase in merchandise OIncrease in cash and decrease in merchandise OShortage of cash and decrease of merchandise O

Merchandise means the stock or inventory in the form of goods. It is kept by the entities for the…

* Buying goods for 30,000 dinars and paying its value in cash. This will lead to Increase cash and increase merchandise Decrease in cash and increase in merchandise Increase in cash and decrease in merchandise Shortage of cash and decrease of merchandise O

* Buying goods for 30,000 dinars and paying its value in cash. This will lead to Increase cash and increase merchandise Decrease in cash and increase in merchandise Increase in cash and decrease in merchandise Shortage of cash and decrease of merchandise O

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

* Buying goods for 30,000 dinars and paying its value in cash. This will lead to
Increase cash and increase merchandise O
Decrease in cash and increase in merchandise O
Increase in cash and decrease in merchandise O
Shortage of cash and decrease of merchandise O

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