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  3. Study Set
    Intermediate Accounting Study Set 9
  4. Exam
    Exam 4: Income Statement and Related Information
  5. Question
    Revenues and Gains Increase Both Net Income and Owners' Equity
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Revenues and Gains Increase Both Net Income and Owners' Equity

Question 22

Question 22

True/False

Revenues and gains increase both net income and owners' equity.

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