please help with accounting 1 question with 5 parts, please answer all parts :) ...
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Accounting
please help with accounting
1 question with 5 parts, please answer all parts :)
Shareholder's Equity can be broken down into two main parts, and Assets; Liabilities Retained Earnings; Dividends Revenue; Expenses Retained Earnings; Contributed Capital Which of the following options would increase Retained Earnings? Accounts Payable Dividends Net Losses Revenues In August, Crayon Company sold $500 of services on account to a customer. How does this transaction impact the accounting equation? Assets increase and equity increases Liabilities decrease and equity increases Assets decrease and assets increase Liabilities increase and equity increases Assets increase and liabilities increase Which financial statement would report depreciation expense? Statement of Retained Earnings Dividend Statement Balance Sheet Income Statement When a company incurs costs for employee salaries but will not pay cash until the following month, which account is credited? Salaries Payable Salaries Revenue Cash Accounts Payable Salaries Expense
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