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Exam questionKROK 2Pharmacy ยท 2016

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

Answer options

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

Increase in assets and liabilities

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