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Submitted by Jb96 on Sat, 2012-08-18 22:54
due on Wed, 2012-08-22 22:53
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If an accrual adjusting entry increases an expense and a liability, how does the balance sheet remain in balance?

If an accrual adjusting entry increases an expense and a liability, how does the balance sheet remain in balance?

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Submitted by Asma on Sun, 2012-08-19 03:10
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An expense xx a temporary xxxxxxx xxxxx xxxxxxx owner’s equity xx stockholders’ equity. The decrease in xxxxxxxxx equity xxxx offset xxx increase xx the liability xxxxxxxx


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Submitted by neel on Sun, 2012-08-19 08:27
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adjusting entry

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xxxx xxx xxxxx

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If an xxxxxxx adjusting xxxxx xxxxxxxxx an expense xxx a liability, xxx does the balance xxxxx xxxxxx xx balance?

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Owner’s equity xxx stockholder’s xxxxxx mentioned in the xxxxxxx sheet always xxxx xxxxxxx by expenses. Reduction in the xxxxxx’ xxxxxx gets xxxxxxxxxxxxxx with increase in xxx xxxxxxxxx account , thus xxxxxxxxx a xxxxxxx in the xxxxxxx sheet.


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