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Author Question: When entering titles of accounts in the two-column journal, the account to be credited is entered ... (Read 34 times)

magmichele12

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on: Jul 5, 2018
When entering titles of accounts in the two-column journal, the account to be credited is entered first and the account to be debited is entered second.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Should Kramer increase the selling price in 2016?
 
  A) Yes, because operating income increases for 2016.
  B) Yes, because sales revenue increases for 2016.
  C) No, because sales volume decreases for 2016.
  D) No, because gross margin decreases for 2016.


at

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

Answer: A


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