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    Exam 4: Accrual Accounting Concepts
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    Adjusting Entries Affect at Least
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Adjusting Entries Affect at Least

Question 140

Question 140

Multiple Choice

Adjusting entries affect at least:


A) one revenue and one expense account.
B) one asset and one liability account.
C) one revenue and one balance sheet account.
D) one income statement account and one balance sheet account.

Correct Answer:

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