CBAD 201 Exam 1 – Questions With All Correct Answers

CBAD 201 Exam 1 – Questions With All Correct Answers

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Practice questions for this set


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debit



Choose an answer



1 Common stock __________ stockholders' equity 2 Cash is a(n)



When preparing a journal, you always start
3 4 Expenses ______________ stockholders' equity
the listing with the



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Terms in this set (32)


Common stock __________ Increases
stockholders' equity

Retained Earnings ________ Increases
stockholders' equity

Dividends _____________ decreases
stockholders' equity

Revenues ______________ increases
stockholders' equity

Expenses ______________ decreases
stockholders' equity

Assets ______ with debit and increase, decrease
_________ with credit

Liabilities ________ with debit and decrease, increase
_________ with credit

Expenses _________ with debit and increase, decrease
_______ with credit