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AysviL [449]
3 years ago
11

Accounts that are increased with a debit include A : revenue. B : assets. C : equity. D : liability.

Business
1 answer:
Akimi4 [234]3 years ago
3 0

Answer:

B : assets.

Explanation:

As we know that

The debit side records the expenses, assets, and losses plus there is always a debit balance. If there is an increase in these above accounts than it also contains a debit balance

While the credit side records the revenues, gains, liabilities, and the stockholder equity. If there is an increase in these above accounts than it also contains a credit balance

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When comparing the difference between an upstream and downstream transfer of inventory, and using the initial value method, whic
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Answer:

a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.

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When we transfer inventory from subsidiary to holding there will be some profit element included in cost. so when we consolidate the account of subsidiary to its holding at the time of reporting we should removed that unrealised profit included in the inventory.

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3 years ago
What is the primary purpose of a mission statement
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The mission statement<span> should guide the actions of an organization, spell out its overall goal, provide a path, and guide decision-making. It provides "the framework or context within which the company's strategies are formulated". It is like a goal for what a company wants to do for the world.</span>
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Transactions of a company involving external sources of funding are referred to as: Investing activities. Operating activities.
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Answer:

The correct answer is letter "C": Financing activities.

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3 years ago
Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and compu
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Answer:

$57,400

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All other information that is given in the question is ignored.

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The ability to use technology and commitment to stay informed on the latest technological developments is calledb
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