Question: Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check mark () next to those items that typically increase
Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check mark (✓) next to those items that typically increase spontaneously.
Accounts payable____________
Notes payable to banks____________
Accrued wages____________
Accrued taxes____________
Mortgage bonds____________
Common stock____________
Retained earnings____________
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