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I Should Record _____ on My Income and Expense Statement

Question 49

Multiple Choice

I should record _____ on my income and expense statement for the period of January 1 to June 30.


A) an $800 refrigerator I bought on credit on May 30
B) an outstanding education loan account
C) jewelry I purchased with an arrangement to pay later
D) my checking account balance
E) the groceries I bought and paid for in June

Correct Answer:

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