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If the effect of the debit portion of an adjusting entry is to increase the balance of an asset account describe the effect of the credit portion of the entry?
increase the balance of the liability account :)
How does closing stock effect the balance sheet?
closing stock will increase current assets in Balance sheet
How do you correct a compensating error?
if the effect of an error is cancelled by the effect of some other error,trial balance will agree.
Transactions that affect inventories on hand have an effect on both the balance sheet and the income statement?
Yes.
What effect does revenue in the income statement have on balance sheet assets?
When you report revenue, you will either increase cash or accounts receivable on the balance sheet depending on whether the cash was collected when earned.
How does age affect energy balance?
Age can affect energy balance in several ways. As individuals age, their metabolism naturally slows down, resulting in a decrease in energy expenditure. Additionally, muscle mass tends to decrease with age, which further decreases the amount of calories burned at rest. Age-related factors, such as hormonal changes and a decrease in physical activity, can also contribute to a shift in energy balance.
How will omeprazole effect the balance point?
all substances will effect your balance point
How do balance bracelets balance you?
They give you a placebo effect.
What would be one effect of import substitution on the balance of trade of a country?
What would be one effect of import substition on the balance of trade of a country
What does a payment on account effect?
Your bank balance.
What is the cause and effect of Paleolithic age?
What is the cause and effect of Paleolithic age?
How do natural resources effect Brazil's economy?
Lever exports has a direct effect comercai balance and also balance the public accounts repando to divide the state
If the effect of the debit portion of an adjusting entry is to increase the balance of an asset account describe the effect of the credit portion of the entry?
increase the balance of the liability account :)
How do drugs effect balance?
Drugs can effect because it is bad for your health so it would go into your lungs change the balance and it would rot your lungs and you would die.
How does closing stock effect the balance sheet?
closing stock will increase current assets in Balance sheet
What hormone has little direct effect on water balance?
testosterone
How erupting volcanoes effect the ecological balance of nature?
secrete
