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    Personal Financial Planning
  4. Exam
    Exam 2: Using Financial Statements and Budgets
  5. Question
    When the Income Statement Indicates a Surplus,this May Be Used
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When the Income Statement Indicates a Surplus,this May Be Used

Question 164

Question 164

True/False

When the income statement indicates a surplus,this may be used to increase net worth by increasing assets or decreasing liabilities.

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