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Author Question: Payment of the factory rent increases the ________. A) Work-in-Process Control account B) ... (Read 22 times)

jerry coleman

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on: Jul 5, 2018
Payment of the factory rent increases the ________.
 
  A) Work-in-Process Control account
  B) Manufacturing Overhead Control account
  C) Cost of Goods Sold account
  D) Factory Depreciation account

Question 2

Identify each of the following as an (1) increase to owner's equity, or a (2) decrease to owner's equity. (a) Fees Earned (b) Wages Expense (c) Withdrawal (d) Lawn Care Revenue (e) Investment (f) Supplies Expense


succesfull

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

Answer: B

Answer to Question 2

(a) 1
(b) 2
(c) 2
(d) 1
(e) 1
(f) 2


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