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Author Question: Which of the following will increase owner's equity? a. Expenses > revenues. b. The owner draws ... (Read 141 times)

DelorasTo

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on: Jul 5, 2018
Which of the following will increase owner's equity?
 a. Expenses > revenues.
  b. The owner draws money for personal use.
  c. Revenues > expenses.
  d. Cash is received from customers on account.

Question 2

In an enterprise system, once a customer order is completed, the purchasing function can be immediately informed that the merchandise has been sold and may need to be replenished.
  Indicate whether the statement is true or false


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olderstudent

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

c

Answer to Question 2

T


DelorasTo

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

epscape

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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