_________________increase and decrease long-term liabilities and equity, Øincluding borrowing money and paying off loans
举一反三
- __________increase and decrease long-term liabilities and equity, including borrowing money and paying off loans. A: A. Investing activities B: B. Operating activities C: C. Financing activities D: D. None of the above
- Johnson company pays the software company $5,000 with a check that they bought. Which the following statement is true? A: Assets are increase and liabilities are increase. B: Assets are decrease and owner’s equity is decrease. C: Assets are decrease and liabilities are decrease. D: Assets are increase and owner’s equity is increase.
- At the beginning of the period assets are $18,000 and at the end of the period assets are $21,000. At the beginning of the period liabilities are $11,000 and at the end of the period liabilities are $10,000. How did owners' equity for the period change? A: Decrease of $1,000 B: Increase of $3,000 C: Increase of $1,000 D: Decrease of $3,000 E: Increase of $4,000
- An expense:（ ）。 A: Has the same normal balance as liabilities. B: Is the increase in stockholders’ equity as a result of providing goods or services. C: Is the decrease in liabilities as a result of providing goods or services. D: Is the decrease in stockholders’ equity as a result of providing goods or services.
- _________________ increase and decrease long-term assets.