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Business Data Management · Quiz 2 · 16 Aug 2026 · May 2026 term

Question 2: If a cafe buys ₹10,000 worth of a coffee beans machine on…

Question 2

+1 markOne correct option

If a cafe buys ₹10,000 worth of a coffee beans machine on credit, what is the immediate impact on the accounting equation?

  1. A

    Assets increase and Equity increases.

  2. B

    Liabilities increase and Equity decreases.

  3. C

    One Asset increases while another Asset decreases.

  4. D

    Assets increase and Liabilities increase.

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Correct answer

  • D

    Assets increase and Liabilities increase.

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Question 2 of 24 in the IIT Madras BS Business Data Management (BDM) Quiz 2 paper sat on 16 Aug 2026, in the May 2026 term (Business Data Management 14 Aug 26). It carries 1 mark.

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