Examlex
Noticing that his technician was getting bored simply changing oil,Kevin assigned him the additional duty of fixing tires.This is an example of:
Increase Liabilities
An action that results in a rise in the obligations or debts of a company, affecting the company's financial position.
Increase Owner's Equity
An action or event that enhances the net worth of a business as reflected in capital or owner's investment.
Decrease Assets
A reduction in the total value or amount of economic resources owned or controlled by an entity.
Owner's Equity
The residual interest in the assets of an entity that remains after deducting its liabilities, reflecting the ownership interest in the company.
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