please answer the following 2 questions: 5. Any Decrease in Current Assets should be ... a) Added to Net Income b) None of the above. c) It depends on the circumstances d) Dedected from Net Income 6. Any increase in Liability should be: a) Added to Net Income b) It depends on the circumstances c) Dedected from Net Income d) None of the above.
please answer the following 2 questions: 5. Any Decrease in Current Assets should be ... a) Added to Net Income b) None of the above. c) It depends on the circumstances d) Dedected from Net Income 6. Any increase in Liability should be: a) Added to Net Income b) It depends on the circumstances c) Dedected from Net Income d) None of the above.
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
ChapterMB: Model-building Problems
Section: Chapter Questions
Problem 14M
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please answer the following 2 questions:
5. Any Decrease in Current Assets should be ...
a) Added to Net Income
b) None of the above.
c) It depends on the circumstances
d) Dedected from Net Income
6. Any increase in Liability should be:
a) Added to Net Income
b) It depends on the circumstances
c) Dedected from Net Income
d) None of the above.
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