Question: Answer Please? Question 30 4pts On a classified balance sheet, companies usually list current assets In alphabetical order With the largest amounts first In the
Answer Please?
Question 30 4pts On a classified balance sheet, companies usually list current assets In alphabetical order With the largest amounts first In the order in which they will turn into cash In the order of acquisition Question 31 Debits make: Assets go down and liabilities go up Liabilities go down and assets go up For good friends if you are nice to them Assets go up and equity go up Question 32 4 pts Accumulated depreciation is: Normally a debit balance, an asset account Normally a debit balances a contra account Normally a credit balance, an asset account Normally a credit balance; a contra asset account
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