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goji.go goji.go
wrote...
Posts: 5977
9 years ago
State whether each of the following statements is true or false. Explain the true statements and discuss why the false statements are false.
      a.   A debit always results in increasing the balance in an account.
      b.   As expenses increase, the equity of an entity will decrease.
      c.   Posting is the process of copying information from ledgers to journals.
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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