Which of the following is an asset use transaction?

a. Purchased machine for cash
b. Recorded insurance expense at the end of the period
c. Invested cash in an interest earning account
d. Accrued salary expense at the end of the period

a. Purchased machine for cash

Explanation:

Purchase of machinery is an asset use transaction is reduce the cash as an asset to purchase a machine. All the other options do not use/ reduce any asset in the transactions.  The investment is the interest earning account is actually considered as cash equivalent, so it does not use the asset. So, option a is appropriate answer.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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answer(c) factors of production;