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  3. Study Set
    Intermediate Accounting IFRS Study Set 2
  4. Exam
    Exam 5: Statement of Financial Position and Statement of Cash Flows
  5. Question
    On the Statement of Financial Position, an Adjunct Account Reduces
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On the Statement of Financial Position, an Adjunct Account Reduces

Question 45

Question 45

True/False

On the statement of financial position, an adjunct account reduces either an asset, a liability, or an owners' equity account.

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