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  3. Study Set
    Survey of Accounting Study Set 7
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    Exam 7: Fixed Assets, Natural Resources, and Intangible Assets
  5. Question
    A Current Asset Account Must Be Increased for Revenue Expenditures
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A Current Asset Account Must Be Increased for Revenue Expenditures

Question 18

Question 18

True/False

A current asset account must be increased for revenue expenditures since they benefit only the current period.

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