Kangaroo company had a transaction that caused a $5,000 increase in both assets and total liabilities. this transaction could have been a(n) . purchase of office equipment for $5,000 cash repayment of a $5,000 bank loan b. purchase of office equipment for $12,000, paying $7,000 cash and issuing a note payable for the balance c. investment of $5,000 cash in the business by the stockholdersd. repayment of a $5,000 bank loan.

b. purchase of office equipment for $12,000, paying $7,000 cash and issuing a note payable for the balance

Explanation:

a purchase of office equipment increases the total assets of the company and the issuing of a note payable for balance increases the total liabilities of the company

The law of supply and demand: If the supply of something is low but the demand is high, then the price will tend to increase. If the supply is high but the demand is low, the price will tend to decrease. An example of this would be fuel prices, when the demand for fuel is high (shortages, busy travel weekends etc) the price will typically increase and reflect the law of supply and demand.