The answer to this question is <span>assets decrease; stockholders' equity decreases
The journal for this transaction would be
Debit: Rent expense xxxxx
Credit: Cash xxxx
Since cash is considered an asset, it will decrease asset if it placed on credit.
Since expense will reduce net income that will be allocated to stockholders' equity, it will reduce stockholders' equity when placed on debit </span>
I don't believe that is true
The answer would be D. Think of his nice clothing and gold. This shows that this person has a lot of money, showing success.
It is false that the market rate is used to calculate the actual cash payments made to bondholders rather it is the economic price for goods and services that is offered for them in free market or market place. It is also called a going rate, the market value or market price are equal only under conditions of market equilibrium and rational expectation.
The answer to this question is:
<span>The write-off of intangible assets is called?
</span>C-"Amortization."
Hoped This Helped, <span>
Awifeamother
Your Welcome :) </span>