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  3. Study Set
    Corporate Financial Accounting Study Set 1
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    Exam 2: Double-Entry Accounting
  5. Question
    When an Owner Invests Assets in the Business, the Retained
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When an Owner Invests Assets in the Business, the Retained

Question 156

Question 156

True/False

When an owner invests assets in the business, the retained earnings account increases due to revenue being earned.

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