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tekilochka [14]
1 year ago
12

a company purchased supplies for cash, which will be consumed during future months. which of the following correctly describes t

he impact of the supplies purchase on the financial statements?
Business
1 answer:
harina [27]1 year ago
4 0

The answer choice that correctly describes the impact of the supplies purchase on the financial statements is A. total assets will remain unchanged.

<h3>What is an Asset? </h3>

This refers to financial property owned by a company or individual that has some degree of value.

Hence, we can see that given the fact that a company purchased supplies for cash that would be used in a few months, this would leave the total assets unchanged.

Read more about assets here:

brainly.com/question/11209470

#SPJ11

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