1. Raw materials and merchandise purchased can be included in (two possible alternative answers) (a) Cash (b) Expenses (c) Fixed assets (d) Current assets (e) None of these 2. Obtaining a long-term...

1. Raw materials and merchandise purchased can be included in (two possible alternative answers) (a) Cash (b) Expenses (c) Fixed assets (d) Current assets (e) None of these

2. Obtaining a long-term loan (debt) affects which of the following accounts (a) Operating liabilities (b) Financial liabilities (c) Shareholders’ equity (d) Retained earnings (e) None of these




May 26, 2022
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