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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 20, 2014



Title: Explain the true statements and discuss why the false statements are false.
Post by: goji.go on Oct 20, 2014
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.


Title: Explain the true statements and discuss why the false statements are false.
Post by: f_zah1 on Oct 23, 2014
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Title: Explain the true statements and discuss why the false statements are false.
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Explain the true statements and discuss why the false statements are false.
Post by: f_zah1 on Oct 23, 2014
You're very welcome!