Which describes the impact of a credit entry? a. Assets Liabilities Owners Equity RevenuesExpenses b.

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Which describes the impact of a credit entry?

a. ↓ Assets↑ Liabilities↑ Owners’ Equity↑ Revenues↓Expenses

b. ↑ Assets↓ Liabilities↓ Owners’ Equity↓ Revenues↑Expenses

c. ↑ Assets↑ Liabilities↓ Owners’ Equity↑ Revenues↓Expenses

d. ↓ Assets↓ Liabilities↑ Owners’ Equity↑ Revenues↓Expenses

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 28, 2018 08:14 AM

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Which describes the impact of a credit entry? a. Assets Liabilities Owners Equity RevenuesExpenses b.

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Managerial Accounting for the Hospitality Industry

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