Question
Match the following .Options are given from A to L (1) Paid part of an amount owed from the bank (2) Cash withdrawal by owner
Match the following .Options are given from A to L
(1) Paid part of an amount owed from the bank
(2) Cash withdrawal by owner
(3) Received notice to pay taxes next month
(4) Provided service owed to a customer
(5) Paid cash for purchase of equipment
A. Increase assets, Increase liabilities
B, Increase assets, decrease liabilities
C. Decrease assets, increase liabilities
D. Decrease assets, decrease liabilities
.E. Increase assets, increase owner's equity
F. Increase assets, decrease owner's equity
G. Decrease assets, increase owner's equity
H. Decrease assets, decrease owner's equity
I. Increase liability, increase owner's equity
j. Increase liability, decrease owner's equity
K. Decrease liability, increase owner's equity
L. Decrease liability, decrease owner's equity
.M. No change
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