Question
Hired a consulting company to provide $8,000 of services starting next month. A. Increase assets, decrease assets B. Increase assets, decrease liabilities C. Increase assets,
Hired a consulting company to provide $8,000 of services starting next month.
A. Increase assets, decrease assets
B. Increase assets, decrease liabilities
C. Increase assets, increase liabilities
D. Increase assets, increase equity
E. Increase assets, decrease equity
F. Increase liabilities, increase equity
G. Increase liabilities, decrease equity
H. Decrease liabilities, increase equity
I. Decrease liabilities, decrease equity
J. Decrease assets, decrease liabilities
K. Decrease assets, increase liabilities
L. Decrease assets, increase equity
M. Decrease assets, decrease equity
N. No entry is required.
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