Which of the following is an example of increasing both current liability and use assets?
a.
paying off car loan and investing money in retirement fund
b.
paying down mortgage and putting money in savings
c.
selling a motorcycle to pay off a debt
d.
trading in an old car for a newer car and financing the balance

Option d -  Trading in an old cars for a newer car and financing the balance

Step-by-step explanation:

Assets are the resources controlled by an entity from which future economic benefit is expected.

Current Liabilities are the obligation that an entity has to pay off within 12 months.

When we are trading an old car for a newer car , there is an increase in the value of the asset.

Further it is given that the difference in value is financed. As a result there is an increase in current liability.

Hope it helps.

Thank you !!

answer: i believe it’s 245.04

step-by-step explanation:

step-by-step explanation:

we are given

since, we have to isolate x on anyone side

so, we can move all x terms on one side

subtract both sides by 2x

add both sides by 9

divide both sides by 4

we get