An increase in which of the following balance sheet item will likely cause an increase in owners
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Question:
An increase in which of the following balance sheet item will likely cause an increase in owner’s equity?
- Accounts payable
- Long-term debt
- Notes payable
- Retained earnings
Related Book For
Equity Asset Valuation
ISBN: 978-0470571439
2nd Edition
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
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