I know I have been asking a lot of questions toniht but I have a final tomorrow in a class that doesnt really have a book. We have a section of the test that has a place for us to say if an entry made financial statements go up, down or Now effect. For ex. if the Net income, Assets, Liab., and SH eq. I know what to do for a lot of them but I still have some questions about a few. For ex. Depreciation and Depletion ( not really sure what they effect), Amortization exp. Goodwill, depsopit refunable and cost.
I know that expenes lower net income and sh eq. but is that for every expenes?
2007-12-05
16:12:39
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2 answers
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asked by
Kelly
2