et loss results in a(n)

Question 2 options:

	Increase in owner's equity
	Decrease in owner's equity
	Decrease in expenses
	Decrease in liabilities
	Increase in revenues

Question 3 (4 points)

In what order do we do things?

Question 3 options:

	Post, close, prepare, adjust, analyze, record
	Prepare, record, post, adjust, analyze, close
	Analyze, record, post, adjust, close, prepare
	Record, post, close, prepare, adjust, analyze