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    Intermediate Accounting Study Set 1
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    Exam 13: Accounting Information Systems and Adjusting Entries: A Comprehensive Guide
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    An External Event Involving a Transfer or Exchange Between Two
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An External Event Involving a Transfer or Exchange Between Two

Question 62

Question 62

Multiple Choice

An external event involving a transfer or exchange between two or more entities or parties is called a(n)


A) account.
B) transaction.
C) ledger.
D) accounting system.

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