Revenues Credit 9800 Como no come or netlossIndicate whether revenues and expenses have debitor credit balances Calculate the net income not loss Expenses Net income nellos Debt 7.570 $ 2.230 Does net income representant debitor not credi? Explain Net income represents a not credit because revenues have a normal credit balance while expenses have a normal debit balance, and to have a net income, revenues must be greater than expenses Click to select your answers) and then click Check Answer 3 parts remoning Clear All Final Check Type here to search o RI 14:10 00 ENG ACCT 1030 Section 29, Fall 2020 Homework: Homework Chapter 2 7 of 10 (6 comple Score: 2.64 of 5 pts %E2-4 (similar to) Review the accompanying unadjusted trial balance, (Click the icon to view the unadjusted trial balance.) Required Liam Colby withdrew $ 1750 during March 2019. The withdrawal is a debit amount. Requirement 4. Considering both the net income (or net loss) and withdrawal for March 2019, by how much did t amount or a credit amount? How much did the owner's equity increase? Was the change a debitor credit amount? (Use parentheses or am Debit/Credit Amount Increase in owner's equity Net income (loss) Decrease in owner's equity Withdrawals Net increase (decrease) in owner's equity Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear O BI Type here to search E Revenues Credit 9800 Como no come or netlossIndicate whether revenues and expenses have debitor credit balances Calculate the net income not loss Expenses Net income nellos Debt 7.570 $ 2.230 Does net income representant debitor not credi? Explain Net income represents a not credit because revenues have a normal credit balance while expenses have a normal debit balance, and to have a net income, revenues must be greater than expenses Click to select your answers) and then click Check Answer 3 parts remoning Clear All Final Check Type here to search o RI 14:10 00 ENG ACCT 1030 Section 29, Fall 2020 Homework: Homework Chapter 2 7 of 10 (6 comple Score: 2.64 of 5 pts %E2-4 (similar to) Review the accompanying unadjusted trial balance, (Click the icon to view the unadjusted trial balance.) Required Liam Colby withdrew $ 1750 during March 2019. The withdrawal is a debit amount. Requirement 4. Considering both the net income (or net loss) and withdrawal for March 2019, by how much did t amount or a credit amount? How much did the owner's equity increase? Was the change a debitor credit amount? (Use parentheses or am Debit/Credit Amount Increase in owner's equity Net income (loss) Decrease in owner's equity Withdrawals Net increase (decrease) in owner's equity Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear O BI Type here to search E
