Listen Bought a new computer using cash A) Increase net income B) Decrease net income C) No effect on net income
Listen Bought a new computer using cash A) Increase net income B) Decrease net income C) No effect on net income
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter3: The Double-entry Framework
Section: Chapter Questions
Problem 6TF: LO3 A debit to an asset account will decrease it.
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Transcribed Image Text:Listen
Bought a new computer using cash
A) Increase net income
B) Decrease net income
C) No effect on net income
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