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Exam questionKROK 2Pharmacy ยท 2015

A retail pharmacy has been purchasing goods within an accounting period. What changes to the balance will result from these business transactions?

Answer options

  1. -
  2. Increase in assets and liabilities
  3. Changes will be caused to the assets only
  4. Decrease in assets and liabilities
  5. Changes will be caused to the liabilities only
Correct answer

Increase in assets and liabilities

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