A debit
a. decreases cash; b. decreases revenues; c. increases owner's equity; d. decreases drawing; e. increases liabilities.
B
Business
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The most common means of making entries in the general ledger is via the journal voucher
Indicate whether the statement is true or false
Business
In the organization's external environment, what key target audiences must be served?
What will be an ideal response?
Business
Which of the following entities would have a "Paid-in Capital in Excess" account in the equity section of the balance sheet?
A. A municipality B. A sole proprietorship C. A corporation D. A partnership
Business
When, if at all, could a firm represent one client who is suing another client?
What will be an ideal response?
Business