|
|
|
Return To Quiz Menu
|
Assets = Liabilities + Owner's Equity + Investments + Revenue - Expenses - Draws
|
|
Instructions:
Select the effect the displayed transaction has on the Fully Expanded Accounting Equation
for the following transactions:
Note:For this exercise use Ma's Kids - Revenue, Expense, and Draws
Transaction 1 of 10
ABC mows a client's yard and receives a check from the customer for $50 for the service provided.
|
Contact us
If you ’re after some specific information let us know, or if you are interested
in supporting our work and
would like to contribute, you are welcome to make a small donation. It will
be a great help and will surely be appreciated.
