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A = L + SE REV - EXP 28: How does this entry affect total assets?

A = L + SE REV - EXP 28: How does this entry affect total assets?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sanders, Inc. incurs $25 of costs to internally develop some software and technology. A = L + SE Q8: How does this entry affect total assets? A Increase REV - EXP B Decrease C No Change
Transcribed Image Text:Sanders, Inc. incurs $25 of costs to internally develop some software and technology. A = L + SE Q8: How does this entry affect total assets? A Increase REV - EXP B Decrease C No Change
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