QUESTION\ Ravel Co. purchased supplies with

$200,000

of its cash. As a result, there was\ ANSWER\ an increase in its stockholders' equity\ a decrease it its stockholders' equity\ no change in the total amount of its assets\ an increase in the total amount of its assets\ I DON'T KNOW YET

QUESTION ANSWER Ravel Co. purchased supplies with $200,000 of its cash. As a result, there was an increase in its stockholders' equity a decrease it its stockholders' equity no change in the total amount of its assets an increase in the total amount of its assets I DON'T KNOW YET