CAN ANYONE HELP ME WITH ACCOUNTING 1??? pLEASE!!

Question

anonymous · Answer

yes

anonymous · Answer

1. According to the FASB, the primary objective of financial reporting is to provide information 
a. regarding the assets and liabilities of a business. 
b. to the Securities and Exchange Commission. 
c. that is useful for making investing and lending decisions. 
d. regarding the revenues and expenses of a business.

anonymous · Answer

ok. Is there a specific question you want me to help you with?

anonymous · Answer

I just posted ^

anonymous · Answer

@Daezo

yanasidlinskiy · Answer

For this question: that is useful for making investing and lending decisions!

anonymous · Answer

4. The payment of utilities each month would 
a. increase total assets. 
b. increase owners equity. 
c. decrease liabilities. 
d. increase expenses.

@YanaSidlinskiy

yanasidlinskiy · Answer

It's common sense! Which would be increase expenses.

anonymous · Answer

Thank you! @YanaSidlinskiy

yanasidlinskiy · Answer

No problem!!!:) Anytime!!:)