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  3. Study Set
    Using Financial Accounting Study Set 1
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    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    The Landlord Records the Security Deposit She Collects from the Tenant
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The Landlord Records the Security Deposit She Collects from the Tenant

Question 192

Question 192

Multiple Choice

The landlord records the security deposit she collects from the tenant as an


A) asset
B) contra liability
C) contingent liability
D) liability

Correct Answer:

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