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Author Question: In which of the following types of accounts are decreases recorded by credits? a. liabilities b. ... (Read 47 times)

anjilletteb

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on: Jul 5, 2018
In which of the following types of accounts are decreases recorded by credits?
 a. liabilities
  b. owner's equity
  c. assets
  d. revenues

Question 2

In the service sector, to achieve timely reporting on the profitability of an engagement, a company will use ________.
 
  A) budgeted rates for all direct costs
  B) budgeted rates for indirect costs
  C) actual costing
  D) budgeted rates for some direct costs and indirect costs


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Chelseyj.hasty

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

c

Answer to Question 2

Answer: D


anjilletteb

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  • Posts: 569
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

billybob123

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Reply 3 on: Yesterday
Excellent

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