budgeting

Navas 27 April 2020 at 12:42 PM

Question  Increases in sales generally cause spontaneous increases in some liability and net worth lines on the balance sheet. The liability and net worth items that increase spontaneously with increases in sales include all of the following except
A) notes payable.
B) retained earnings.
C) accounts payable.
D) accrued salaries and wages.

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FACULTY 18 May 2020 at 01:41 PM

notes payable.(option A)

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