Cunningham Freight, a shipping company that partners with Amazon, purchased $1,500 of gas for

their vehicles using credit. The effect on the accounting equation would be:

choices :

- Expenses increase $1,500 and assets decrease $1,500.

- Assets increase $1,500 and expenses increase $1,500.

-Assets decrease $1,500 and liabilities increase 1,500,

-Assets increase $1,500 and liabilities decrease $1,500.

-Expenses increase $1,500 and liabilities increase $1,500.

Question 2 2 pts Curricum Freight, a shipping company that partners with Accor porchased $1.500 of attor the vehides using credit. The efect on the accounting equation would be Opisc51.500 adet Are 1.500 1.500 A5100 500 do 1.500 1551500 8 0 9 3 4 5 01 6 R E T Y U W 1 K F H D G S N B M X Question 2 2 pts Cunningham Freight, a shipping company that partners with Amazon, purchased $1,500 of gas for their vehicles using credit. The effect on the accounting equation would be: Expenses increase $1,500 and assets decrease $1,500. Assets increase $1,500 and expenses increase $1,500. Assets decrease $1,500 and liabilities increase 1,500. O Assets increase $1,500 and liabilities decrease $1,500, O Expenses increase $1,500 and liabilities increase $1,500. Next >