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    Accounting Business Reporting
  4. Exam
    Exam 6: Income Statement and Statement of Changes in Equity
  5. Question
    A Transaction Recording Income Earned
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A Transaction Recording Income Earned

Question 17

Question 17

Multiple Choice

A transaction recording income earned


A) leaves total assets unchanged.
B) increases assets and decreases equity.
C) increases assets and equity.
D) increase assets and liabilities.

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