Question: Answer question 5 and 6 Question 5 (1 point) Credits represent decreases in assets increases in expenses increases in dividends reductions in revenues Question 6

Answer question 5 and 6

Answer question 5 and 6 Question 5 (1 point)
Question 5 (1 point) Credits represent decreases in assets increases in expenses increases in dividends reductions in revenues Question 6 (1 point) When a business make sales on account to a customer, it results in which one of the following impacts on the balance sheet? increases accounts receivable and increases retained earnings O increases cash and increases accounts receivable increases cash and increases sales increases sales and increases retained earnings Previous Page Next Page Page 3 of 5

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