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Author Question: Team Shirts sold 4,000 worth of its own stock in the stock market. The transaction would _________ ... (Read 193 times)

danielfitts88

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on: Jul 5, 2018
Team Shirts sold 4,000 worth of its own stock in the stock market. The transaction would _________ cash by 4,000 and _________ shareholders' equity by 4,000.
 
  A) increase; increase
  B) decrease; decrease
  C) increase; decrease
  D) decrease, increase

Question 2

Accompanying the bank statement was a debit memo for bank service charges. On the bank reconciliation, theitem is
 a. a deduction from the balance per company's records
  b. an addition to the balance per bank statement
  c. a deduction from the balance per bank statement
  d. an addition to the balance per company's records


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mk6555

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

A

Answer to Question 2

a


danielfitts88

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Reply 2 on: Jul 5, 2018
Gracias!

kishoreddi

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Reply 3 on: Yesterday
:D TYSM

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