__________decrease assets and expenses and/or increase liabilities and/or equity
Answer(s): C
The excess credits (or debits) on the income statement are used to decrease (or increase) the equity account.
Answer(s): B
Delivery has not occurred or services have not been rendered when:
___________and__________ are used to increase (or decrease) the equity account.
Post your Comments and Discuss Financial CFEX exam with other Community members:
Boopathy Commented on August 17, 2023 i need this dump kindly upload it Anonymous
SKS Commented on August 26, 2015 Just downloaded and hope it will be helpful for my exam preparations and will update further after completing my exams UNITED STATES
Our website is free, but we have to fight against bots and content theft. We're sorry for the inconvenience caused by these security measures. You can access the rest of the CFEX content, but please register or login to continue.