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    Introduction to Management Accounting Study Set 2
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    Exam 15: Basic Accounting: Concepts, Techniques, and Conventions
  5. Question
    The _____ Adjusting Entry Increases Expenses and Decreases Assets
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The _____ Adjusting Entry Increases Expenses and Decreases Assets

Question 72

Question 72

Multiple Choice

The _____ adjusting entry increases expenses and decreases assets.


A) depreciation
B) wages
C) unearned revenue
D) unrecorded revenue

Correct Answer:

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