Question
What is the effect of the following business activity on the element indicated? The month-end accrual for income taxes (20%) is made; revenues, $36,890; expenses,
What is the effect of the following business activity on the element indicated? The month-end accrual for income taxes (20%) is made; revenues, $36,890; expenses, $33,810. --- Assets
1) increase to one and decrease to another
2) no effect
3) increase
4) decrease
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Principles Of Accounting Volume 2 Managerial Accounting
Authors: OpenStax
1st Edition
0357364805, 9780357364802
