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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 5: Presentation of Financial Position and the Worksheet
  5. Question
    If Assets Increase, Then, Applying the Principle of Duality, We
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If Assets Increase, Then, Applying the Principle of Duality, We

Question 57

Question 57

True/False

If assets increase, then, applying the principle of duality, we must increase liabilities, decrease another asset or increase owners' equity.

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