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Rent of $1,000 per month is paid for the next twelve months on October 1st, 1988. As a result of this transaction: X: 1988 net income will decrease by $3,000 Y: 1988 equity will increase by $12,000 A.
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Rent of $1,000 per month is paid for the next twelve months on October 1st, 1988. As a result of this transaction:

X: 1988 net income will decrease by $3,000

Y: 1988 equity will increase by $12,000

A. X
B. Y
C. Both
D. Neither

User Eran Or
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Answer:

the answer would be Neither

User SemMike
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