Question 1 3.5 pts For each account listed below, determine if the account is in

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Question 1 3.5 pts For each account listed below, determine if the account is increased or decreased by a debit. Select your answer by clicking in the drop down box to the right of each account. Be careful with matching questions because canvas randomizes the matches. Thus, if you print out the quiz to work on it and then enter your answers later in the week, it is very likely the order of the matches will be different. Therefore, exercise caution when entering your answers into canvas. Quiz scores will not be adjusted for errors in entering choices. retained earnings [Choose] patent [ Choose] accounts payable Choose ] gain on sale of land [Choose ] dividends Choose ] cost of goods sold [ Choose accumulated Choose ] depreciation

Explanation / Answer

Identify :

Retained earning Decrease Patent Increase Account payable Decrease Gain on sale of land Decrease Dividends Increase Cost of goods sold Increase accumlated depreciation Decrease

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