silsnod42311 silsnod42311

03-06-2023
Business

Answered

An airline pays $200,000 on October 10th for a one year insurance policy. Which one of the following statements is correct?
Select one:
a.
the company's total liabilities increase
b.
the company's total expenses increase
c.
the company's total assets increase
d.
the company's total assets are unchanged
e.
the company's equity decreases

Answer :

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