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can someone explain why the purchase of cash doesnt effect net income. i thought net income = revenue- expenses and i thought purchasing equipment would
can someone explain why the purchase of cash doesnt effect net income. i thought net income = revenue- expenses and i thought purchasing equipment would be an expense. will thumbs up. thank you. god speed 
620.00 Question 7 1/1 pts Equipment is purchased using cash for $100. What is the effect on Net Income? Correct! No effect increase decrease Question 8 Step by Step Solution
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Sustainability Accounting And Accountability
Authors: Matias Laine, Helen Tregidga, Jeffrey Unerman
3rd Edition
1032023104, 9781032023106
