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Ahat [919]
2 years ago
7

All transactions ______. (Select all that apply.) Multiple select question. have at least two effects on the accounting equation

affect assets, liabilities, and/or stockholders' equity must affect assets must affect both assets and liabilities must affect both assets and stockholders' equity
Business
1 answer:
lys-0071 [83]2 years ago
5 0

All transactions b. affect assets, liabilities, and/or stockholders' equity, and d. must affect both assets and stockholders' equity.

<h3>What is the accounting equation?</h3>

The accounting equation shows that assets are equal to liabilities and equity.

The implication of the accounting equation is that every transaction has at least two effects on the elements of financial statements, given their linkages.

Thus, the correct options are Options B. and D.

Learn more about the accounting equation at brainly.com/question/24401217

#SPJ1

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Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.

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3 years ago
In a cost reconciliation schedule, costs accounted for is computed by adding the cost of the beginning work in process and the c
frozen [14]

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3 years ago
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7 0
3 years ago
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murzikaleks [220]

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3 0
3 years ago
The interest cost component of NPPBC is the_______________.
san4es73 [151]

Answer: D

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3 years ago
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