Business, 21.12.2020 18:00 sofietyeweirdo
At the end of the current accounting period, Ringgold Co. recorded depreciation of $15,000 on its equipment. The effect of this entry on the company's balance sheet is to decrease:.a. assets and increase liabilities. b. owners' equity and decrease assets. c. assets and increase owners' equity. d. owners' equity and increase liabilities.
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At the end of the current accounting period, Ringgold Co. recorded depreciation of $15,000 on its eq...
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