What Effect Does "Recognizing Accrued Interest Revenue at the End

question 72

Multiple Choice

What effect does "recognizing accrued interest revenue at the end of the accounting period" have on the accounting equation?

• A) Assets increase and shareholders' equity decreases.
• B) Assets increase and shareholders' equity increases.
• C) Assets decrease and liabilities decrease.
• D) Liabilities increase and shareholders' equity decreases.

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