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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 $299 Debit Balance
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A T-Account Has a $299 Debit Balance

Question 58

Question 58

Multiple Choice

A T-account has a $299 debit balance. This account is most likely:


A) accounts receivable.
B) bicycle repairs revenue.
C) wages payable.
D) common shares.
E) service fees.

Correct Answer:

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