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    Financial Accounting Study Set 1
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    Exam 2: Analyzing and Recording Business Transactions
  5. Question
    A T-Account Has a $509 Credit Balance
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A T-Account Has a $509 Credit Balance

Question 127

Question 127

Multiple Choice

A T-account has a $509 credit balance. This account is most likely:


A) common shares.
B) land.
C) advertising expense.
D) dividends.
E) cash.

Correct Answer:

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