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  3. Study Set
    Fundamental Accounting Principles
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    Exam 2: Analyzing and Recording Transactions
  5. Question
    If an Account Was Incorrectly Debited for $300 Instead of Correctly
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If an Account Was Incorrectly Debited for $300 Instead of Correctly

Question 76

Question 76

True/False

If an account was incorrectly debited for $300 instead of correctly credited for $300, the account is out of balance by $300.

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