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    Business
  3. Study Set
    Using Financial Accounting Study Set 1
  4. Exam
    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    When a Liability Is Accrued, the Account Decreased in the Transaction
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When a Liability Is Accrued, the Account Decreased in the Transaction

Question 84

Question 84

True/False

When a liability is accrued, the account decreased in the transaction is a stockholders' equity account.

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