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  3. Study Set
    Fundamental Accounting Principles Study Set 7
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    Exam 2: Analyzing and Recording Transactions
  5. Question
    An Account Is a Detailed Record of Increases and Decreases
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An Account Is a Detailed Record of Increases and Decreases

Question 16

Question 16

True/False

An account is a detailed record of increases and decreases in a specific asset, liability or 2)equity item.

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