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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 4: Completing the Accounting Cycle and Classifying Accounts
  5. Question
    On the Work Sheet, Profit Is Entered in the Income
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On the Work Sheet, Profit Is Entered in the Income

Question 43

Question 43

True/False

On the work sheet, profit is entered in the Income Statement Credit column and in the Statement of Changes in Equity or Balance Sheet Debit column.

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