10. r@ktas company borrowed $ 7,000 cash from the Trust Bank. As a result of this transaction, b. liabilities would increase by $ 7,000 a. assets would decrease by $ 7,000 c. shareholders' equity...

Extracted text: 10. r@ktas company borrowed $ 7,000 cash from the Trust Bank. As a result of this transaction, b. liabilities would increase by $ 7,000 a. assets would decrease by $ 7,000 c. shareholders' equity would increase by 7,000 d. revenue would increase by 7,000


Extracted text: 4. r@ktas company paid $ 7,000 cash to the supplier. As a result of this transaction, a. assets would increase by $ 7,000 C. expense would increase by 7,000 b. revenue would increase by 7,000 d. liabilities would decrease by $ 7,000