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    Business
  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 4: The Accounting System: Concepts and Applications
  5. Question
    Which of the Following Is True
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Which of the Following Is True

Question 59

Question 59

Multiple Choice

Which of the following is true?


A) Revenue - Liability = Net Income
B) Revenue - Expense = Net Assets
C) Assets - Liabilities = Net Income.
D) Revenue - Expense = Net Income

Correct Answer:

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