Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 41 - No. 49)
Which of the following would decrease net income?
Recording accrued salaries expense.
Recognizing unearned revenue as earned.
Writing off an uncollectible account receivable.
Accruing interest income.
Explanation
Accruing salaries expense and writing off uncollectible debts result in a decrease in net income.
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