Question 22

The effect of payment of a liability is that it

  • A.increases both assets and liabilities
  • B.increases assets and decreases liabilities
  • C.decreases assets and increases liabilities
  • D.decreases both assets and liabilities
Objective

Question details

Exam body
UI
Subject
Financial Accounting
Year
2014/2015
Question no.
#22
Type
Objective

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