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48 Which of the following would increase liabilities and decrease stockholders equity? o Receive a utility bill for utility services incurred in Year1 that will
48 Which of the following would increase liabilities and decrease stockholders equity? o Receive a utility bill for utility services incurred in Year1 that will not be paid until Year 2 Purchase office supples on account Provide services to customers on account Provide services to customers and receive cash OOOO 493 points On 1/1/2020, Riley Contruction purchased a truck for $58,000. The truck had an estimated unetut life of 4 years and a salvape value of 54.000. Assuming straight line depreciation, the depreciation expense for 2020 would be O $6,750 O $13,500 $7.250 $14.500 50 pont Hart, Inc. had $800 of inventory on January 1, 2020. Hart purchased $200,000 of inventory during the year and has an ending balance in Inventory on December 31, 2020 of $1.000. How much was Hart's Cost of Goods sold for 20207 $200,000 O $199.000 Cannot be determined from the information even $200 200
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