MBA HBS HBX Core Financial
Accounting Module 2 Quiz Harvard
Business School Exam Review
Questions and Answers 100% Pass
David Mungai [Date] [Course title]
, HBX Core Financial Accounting Module
2 Quiz Harvard Business School Exam
Review Questions and Answers 100%
Pass
(liability) ACCOUNTS PAYABLE increases with a - Answer>>
Credit
(asset) CASH decreases with a - Answer>> Credit
(asset) NOTES RECEIVABLE increases with a - Answer>>
Debit
(owners equity) COMMON STOCK decreases with a -
Answer>> Debit
(asset) PROPERTY, PLANT & EQUIPMENT decreases with a -
Answer>> Credit
(liability) LONG TERM DEBT increases with a - Answer>>
Credit
(owners equity) RETAINED EARNINGS increases with a -
Answer>> Credit
(liability) WAGES PAYABLE increases with a - Answer>>
Credit
On June 1, 2013 Cardullo's purchased a case of Vermeiren
Cookie Spread as inventory from its supplier for $200 and paid in
cash. - Answer>> Debit Inventory for $200
Credit Cash for $200
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