This Website Has Been Moved to a New Link


Loading

Presented below are three business transactions. On a sheet of paper, list the letters

Price:$1.99


BE1-6 Presented below are three business transactions. On a sheet of paper, list the letters (a), (b),
(c) with columns for assets, liabilities,and owner’s equity.For each column,indicate whether the transactions increased ( ), decreased ( ), or had no effect (NE) on assets, liabilities, and owner’s equity.

(a) Purchased supplies on account.

(b) Received cash for providing a service.

(c) Paid expenses in cash.

No comments:

Post a Comment