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    Intermediate Accounting Study Set 9
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    Exam 5: Balance Sheet and Statement of Cash Flows
  5. Question
    On the Balance Sheet, an Adjunct Account Reduces Either an Asset
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On the Balance Sheet, an Adjunct Account Reduces Either an Asset

Question 102

Question 102

True/False

On the balance sheet, an adjunct account reduces either an asset, a liability, or an owners' equity account.

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