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Od QUESTION 22 A ledger shows: a. A balance of all balance sheet accounts b. A balance of all income statement accounts OC. A balance of all accounts A chronological record of all accounting transactions O d. QUESTION 23 Credit: increase both assets and liabilities. a A chronological record of all accounting transactions Od QUESTION 23 Credit: increase both assets and liabilities. O a. increase assets and decrease liabilities. Ob. decrease both assets and liabilities. O c. decrease assets and increase liabilities. QUESTION 24 decrease assets and increase liabilities. d. QUESTION 24 Q4. Net loss will result during a time period when: expenses exceed revenues. O a. assets exceed liabilities. O. . revenues exceed expenses. c. assets exceed revenues. assets exceed revenues. O d. QUESTION 25 Q23. If Billy's Bus Service purchases Gffice supplies on account for $5,000, then a assets increase by $5,000 and liabilities decrease by $5,000. Ob stockholders' equity increases by $5,000. Oc assets and liabilities both increase by $5,000. O d. assets and liabilities both decrease by $5.000. Cillick Save and Submit to save and submit. Click Save Al Answers to save all ansters