Solved

What Effect Does This Journal Entry Have on the Accounts

Question 150

Multiple Choice

 What effect does this journal entry have on the accounts? A)  Increase to Cash and increase to Land B)  Increase to Land and decrease to Cash C)  Decrease to Cash and decrease to Land D)  Increase to Cash and decrease to LandWhat effect does this journal entry have on the accounts?


A) Increase to Cash and increase to Land
B) Increase to Land and decrease to Cash
C) Decrease to Cash and decrease to Land
D) Increase to Cash and decrease to Land

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions