This topic contains a solution. Click here to go to the answer

Author Question: Mark Company took inventory and recorded the consumption of supplies. How will this affect the balance sheet? (Read 30 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
Mark Company took inventory and recorded the consumption of supplies. How will this affect the balance sheet?
◦ Owner's equity will be increased.
◦ Assets will be decreased.
◦ Liabilities will be increased.
◦ This will have no effect on the period-end balance sheet.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mollykgkg on Nov 10, 2019

lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Nov 10, 2019
YES! Correct, THANKS for helping me on my review


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library