Question: Three Multipe Choice :) (a,b,c or d?) For income tax payable, describe the typical transactions that cause it to increase and decrease. (Select all that

Three Multipe Choice :) (a,b,c or d?)

Three Multipe Choice :) (a,b,c or d?) For income tax payable, describe

For income tax payable, describe the typical transactions that cause it to increase and decrease. (Select all that apply.) Decrease with a debit for cash paid on accrued income taxes payable, Increase with a credit for cash paid on accrued income taxes payable, clncrease with a credit for accrual of additional income taxes payable. Decrease with a debit for accrual of additional income taxes payable. For wages payable, describe the typical transactions that cause it to increase and decrease. (Select all that apply.) Decrease with a debit for accrual of wages expense for the period that is not yet paid. Increase with a credit for accrual of wages expense for the period that is not yet paid. Decrease with a debit for cash paid on wages payable. Increase with a credit for cash paid on wages payable. For interest payable, describe the typical transactions that cause it to increase and decrease. (Select all that apply.) Decrease with a debit for accrual of additional interest payable. Decrease with a debit for cash paid on accrued interest payable. Increase with a credit for cash paid on accrued interest payable. Increase with a credit for accrual of additional interest payable. For income tax payable, describe the typical transactions that cause it to increase and decrease. (Select all that apply.) Decrease with a debit for cash paid on accrued income taxes payable, Increase with a credit for cash paid on accrued income taxes payable, clncrease with a credit for accrual of additional income taxes payable. Decrease with a debit for accrual of additional income taxes payable. For wages payable, describe the typical transactions that cause it to increase and decrease. (Select all that apply.) Decrease with a debit for accrual of wages expense for the period that is not yet paid. Increase with a credit for accrual of wages expense for the period that is not yet paid. Decrease with a debit for cash paid on wages payable. Increase with a credit for cash paid on wages payable. For interest payable, describe the typical transactions that cause it to increase and decrease. (Select all that apply.) Decrease with a debit for accrual of additional interest payable. Decrease with a debit for cash paid on accrued interest payable. Increase with a credit for cash paid on accrued interest payable. Increase with a credit for accrual of additional interest payable

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