The effect of the payment of liability is that it
...The effect of the payment of liability is that it
Increase both assets and liabilities
Increase assets and decrease liabilities
Decrease assets and increase liabilities
Decrease both assets and liabilities
Correct answer is D
No explanation has been provided for this answer.
Which of the following may cause depreciation? i. wear and tear ii. obsolescence and p...
In analyzing incomplete records, which of the following should be investigated? ...
A quality of accounting information is that it should be ...
The portion of authorized capital that has been allotted to subscribers ...