Question

When a business owner purchases a new truck on credit for his business,what impact does this purchase have on his owner's equity?
A. The impact depends on the situation.
B. It has no impact on equity.
C. It increases equity.
D. It decreases equity.

Answer 1

Answer: It had no impact on equity.

Explanation:

Answer 2

Answer:

Assets = Liabilities + Owner's Equity. Answers will vary and should include a combination of revenues/gains (increases), expenses/losses (decreases)

Explanation: plz mark brainly