Author Question: The correct sequence of the three steps in the sales and distribution process are (1) order entry ... (Read 109 times)

ahriuashd · **on:** Jul 5, 2018

The correct sequence of the three steps in the sales and distribution process are (1) order entry (2) shipment process and (3) billing process.
Indicate whether the statement is true or false

Question 2

Which of the following groups of accounts are increased with a debit?
a. assets, liabilities, owner's equity
b. assets, drawing, expenses
c. assets, revenues, expenses
d. assets, liabilities, revenues