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  3. Study Set
    Intermediate Accounting Study Set 4
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    Exam 6: Statements of Financial Position and Cash Flows and the Annual Report
  5. Question
    The Account Format Lists Assets on the Left Side and Liabilities
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The Account Format Lists Assets on the Left Side and Liabilities

Question 122

Question 122

True/False

The account format lists assets on the left side and liabilities and stockholders' equity on the right side of the statement.

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