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  3. Study Set
    Financial Accounting Study Set 30
  4. Exam
    Exam 4: Adjustments, Financial Statements, and Financial Results
  5. Question
    Adjusting Entries Are Used to Update Income Statement Accounts and Statement
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Adjusting Entries Are Used to Update Income Statement Accounts and Statement

Question 63

Question 63

True/False

Adjusting entries are used to update income statement accounts and statement of financial position accounts.

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