Multiple Choice
Which of the following transactions will not result in an increase in revenues?
A) Sale of goods on credit.
B) Sale of services for cash.
C) Accumulation of interest in bank account.
D) An investment into the business by the owner.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Which of the following accounts would likely
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Q22: Which of the following pairs of accounts
Q23: When a credit sale takes place,<br>A)a revenue
Q24: How and why is the matching rule
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Q29: An adjusting entry would not include which
Q30: The matching rule is most closely related