The Draper Company Records these journal entries:
Depreciation $40
Accrued Expen...
Business, 25.02.2020 00:45, hodgesr3346
The Draper Company Records these journal entries:
Depreciation $40
Accrued Expense $12
Earned portion of Unearned Revenue $17
What is the net effect of these journal entries on the following items? Indicate the dollar amount of the effect and the direction of the effect:
a. Net Income
b. Total assets
c. Total liabilities
d. retained earnings
e. total equity
f. working capital
Answers: 3
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