Payment to a creditor will Decreases an asset and decreases owner's equity Increases an asset and decreases another asset Decreases an asset and decreases a liability Decreases an asset and increases in liability

Amortizing a net loss-AOCI for pensions will have the following impact on the components of shareholders' equity: O increase retained earnings and decrease total AOCI in the balance sheet. O increase retained earnings and increase total AOCI in the balance sheet. O decrease retained earnings and decrease total AOCI in the balance sheet. O decrease retained earnings and increase total AOCI in the balance sheet.

If the accounting rate of return exceeds the required accounting rate of return, O A. invest in the capital asset. B. only invest if the payback period is also less than the required rate of return. O C. do not invest in the capital asset. OD. only invest if the payback period is also greater than the required rate of return.

3. Do you think garnishment at one's job is effective, in paying back the debt?