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Which of the following would cause total assets to decrease and total expense to increase?

upton

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Posts: 942

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7 years ago

Which of the following would cause total assets to decrease and total expense to increase?

Which of the following would cause total assets to decrease and total expense to increase?
A) Recording the expiration of Prepaid Rent Expense
B) Recording the depreciation of equipment
C) Recording the consumption of supplies
D) All of the above would have that effect

Textbook

College Accounting: A Practical Approach

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 190 times

1 Reply

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Laffio

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#1

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7 years ago

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upton Author

wrote...

7 years ago

Correct

Slight Smile

TY

Smair87

wrote...

Yesterday

Good timing, thanks!

kamikazekota

wrote...

2 hours ago

Brilliant ツ

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