Solution-Certain liability and net worth items generally

Certain liability and net worth items generally increase

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Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check (_) by those items that typically increase spontaneously:

Accounts payable	----------	Mortgage bonds	----------
Notes payable to banks	----------	Common stock	----------
Accrued wages	----------	Retained earnings	----------
Accrued taxes	----------	Mortgage bonds	----------

Reference no: EM13572789

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Certain liability and net worth items generally increase

Reference no: EM13572789

Reference no: EM13572789

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