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    Business
  3. Study Set
    Financial Accounting for Decision Makers
  4. Exam
    Exam 13: Appendix A: The Language of Accountants: Debits and Credits
  5. Question
    Each Adjusting Entry Affects a Balance Sheet Account and an Income
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Each Adjusting Entry Affects a Balance Sheet Account and an Income

Question 95

Question 95

True/False

Each adjusting entry affects a balance sheet account and an income statement account.

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