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Solve to following questions attached as pictures. Thanks Choose whether source documents would most likely be part of: Multiple Choice A computerized accounting system A
Solve to following questions attached as pictures. Thanks
Choose whether source documents would most likely be part of: Multiple Choice A computerized accounting system A manual accounting system None of the other alternatives are correct A mental accounting system All accounting systems On September 1, 2015, Richard started a small business called "Ricky Rock Wrestling for Fun". "Ricky Rock" offers a party package designed for active kids, teen and adults that want to earn and practice wrestling actlvitles for fun by learning how to perform headlocks, leg scissors and other tricks. ihe following transaction occurred during the first month of operations, please indicate what's the effect on the accounting equation: Multiple Cholce Increase and decrease assets Increase assets and increase Owner's equity None of the other alternatives are correct Decrease assets and decrease liabilitles services are provided, records wage expenses at the time the guards are paid, and prepares financlal statements at the end of each month. Multiple Cholce Matching None of the other alternatives are correct Separate Entity Revenue recognition Going Concern
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