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Author Question: Which of the following is an external source of liquidity? a. Sales of services. b. Repurchase ... (Read 50 times)

Cooldude101

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on: Jul 6, 2018
Which of the following is an external source of liquidity?
 
  a. Sales of services.
  b. Repurchase of stock.
  c. Borrowing.
  d. Sales of products.

Question 2

The Drawing account should be closed into the __________ account.
 a. Income Summary
   b. Net Income
   c. Expense
   d. Capital


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alexisweber49

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Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

d


Cooldude101

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

sarah_brady415

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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