Question
A credit entry: a. Increases assets b. Decreases liabilities or decreases stockholders equity c. Decreases assets and increases liabilities or stockholders equity d. Increases both
A credit entry:
| a. | Increases assets
| |
| b. | Decreases liabilities or decreases stockholders equity | |
| c. | Decreases assets and increases liabilities or stockholders equity | |
| d. | Increases both assets and stockholders equity |
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
12th Edition
0324381980, 978-0324381986
