What effect will this adjusting journal entry have on the accounting records? Supplies Expense 267 Supplies 267
A) Increase income
B) Decrease net income
C) Decrease expenses
D) Increase assets
B
You might also like to view...
International trade tends to be complete, rather than partial, when which of the following occurs?
a. constant opportunity cost b. increasing opportunity cost c. negative opportunity cost d. positive opportunity cost
Which of the following statements is true about continuous replenishment program (CRP)?
A) It is used as a tool for market segmentation. B) It reduces the cost of producing goods. C) It is a part of efficient consumer response. D) It increases inventories at the retail side.
You designed and implemented a code of ethics and code of conduct for your business a year ago but haven’t seen an improvement in ethical behavior among your employees. What might be the problem?
What will be an ideal response?
“Going viral” means that a video
a. focuses on a health epidemic. b. features negative content. c. features positive content. d. spreads rapidly.