Acct212week2homework - Study guides, Class notes & Summaries

Grade Details - All Questions ACCOUNT 212 WEEK 2 HOMEWORK – WITH 100% CORRECT ANSWERS - - assets are decreased and net income is decreased. assets are decreased and liabilities are increased. liabilities are decreased and net income is increased. assets are decreased and liabilities are decreased. Question 4. (TCO 2) The left side of a T-account is always the Student Answer: increase side. decrease side. debit side. credit side. Question 5. (TCO 2) An account is increased by a credit and has a...