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  3. Study Set
    Financial Accounting Study Set 5
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    Exam 1: Uses of Accounting Information and the Financial Statements
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    All of the Following Are Considered Nonexchange Transactions Except
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All of the Following Are Considered Nonexchange Transactions Except

Question 68

Question 68

Multiple Choice

All of the following are considered nonexchange transactions except


A) the daily accumulation of interest.
B) the wear and tear on machinery.
C) the repayment of a loan.
D) losses from fire,flood,and theft.

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