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    Exam 3: The Accounting Cycle: The Mechanics of Accounting
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    Expense and Revenue Accounts Can Be Considered to Be Subcategories
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Expense and Revenue Accounts Can Be Considered to Be Subcategories

Question 61

Question 61

Multiple Choice

Expense and revenue accounts can be considered to be subcategories of


A) An asset account
B) A liability account
C) An owners' equity account
D) None of these are correct

Correct Answer:

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