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Title: These transactions relate to Rudy's Garage, an auto repair shop. Which two of th Post by: goji.go on Oct 20, 2014 These transactions relate to Rudy's Garage, an auto repair shop. Which two of the following six possibilities occurred as a result of each transaction - an asset increased, an asset decreased, a liability increased, a liability decreased, equity increased, or equity decreased:
a. Rudy bought 5 batteries on credit. He put the batteries in inventory b. Rudy did a repair job for a customer, who paid in cash c. In doing the repair job, Rudy used one of the batteries he had bought in transaction a Title: Re: These transactions relate to Rudy's Garage, an auto repair shop. Which two of th Post by: f_zah1 on Oct 23, 2014 Content hidden
Title: Re: These transactions relate to Rudy's Garage, an auto repair shop. Which two of th Post by: goji.go on Oct 23, 2014 Thanks so much f_zah1.
You were correct :D Title: Re: These transactions relate to Rudy's Garage, an auto repair shop. Which two of th Post by: f_zah1 on Oct 23, 2014 You're very welcome!
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