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ACC 290 Week 2 Practice Quiz ( New ) For more course tutorials visit www . uophelp . com
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ACC 290 Week 2 Practice Quiz ( New ) For more course tutorials visit www . uophelp . com

Question 1 Expenses decrease retained earnings . Question 2
During 2014 , Gibson Company assets decreased $ 50,000 and its liabilities decreased $ 90,000 . Its stockholders ’ equity
Question 3 Payment of a dividend Question 4
An account is a part of the financial information system and is described by all except which one of the following ?
Question 5 Which accounts normally have debit balances ? Question 6 Which of the following is the correct sequence of events ? Question 7 Where is the first place every transaction is recorded ?