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Author Question: Firms are more likely to use a four-column journal account than T accounts. a. True b. False ... (Read 30 times)

go.lag

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on: Jul 5, 2018
Firms are more likely to use a four-column journal account than T accounts.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

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


Madisongo23

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

True

Answer to Question 2

Answer: D


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