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  3. 8. accrued revenues are a. received and recorded a

8. Accrued revenues are a. received and recorded as liabilities before they are earned. b....

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8. Accrued revenues are a. received and recorded as liabilities before they are earned. b. earned and recorded as liabilities before they are received. c. earned but not yet received or recorded. d. earned and already received and recorded. 9. A company increases its share capital by a. selling ordinary shares to its investors. b. performing services for cash. C. selling goods on account. d. paying dividends to its shareholders. 10. The purchase of supplies on account increases assets and a. also decreases assets so there is no net change. b. increases liabilities. C decreases equity. d. increases equity. 11. A payment on account decreases a. assets and equity. b) liabilities and equity. C. assets and liabilities. d. assets, liabilities and equity

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