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Several Items from the Financial Statements of Standard Tires Are

Question 27

Multiple Choice

Several items from the financial statements of Standard Tires are listed below.Use the following answer choices to identify the type of account for each item listed.Place your answers in the space provided.
-Sale of tires


A) Assets
B) Liabilities
C) Revenues
D) Expenses
E) Owners' equity

Correct Answer:

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