A payment of a business debt not including interest: Select one: a. Decreases total assets. b. Increases
Fantastic news! We've Found the answer you've been seeking!
Question:
A payment of a business debt not including interest:
Select one:
a. Decreases total assets.
b. Increases total liabilities.
c. Increases the owners' equity in the business.
d. Decreases the owners' equity in the business.
Related Book For
Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
Posted Date: