Question
Which of the following statements about general ledger accounts is true? A. Asset accounts are permanent accounts that are increased with credits. B. Liability accounts
Which of the following statements about general ledger accounts is true?
A. Asset accounts are permanent accounts that are increased with credits.
B. Liability accounts are temporary accounts that are increased with credits.
C. Revenue accounts are temporary accounts that are increased with credits.
D. Expense accounts are permanent accounts that are increased with debits.
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The Theories Of Audit Expectations And The Expectations Gap
Authors: Ecaterina Volosin
1st Edition
3640192311, 978-3640192311
