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  2. Topic
    Business
  3. Study Set
    Accounting Business Reporting
  4. Exam
    Exam 1: Introduction to Accounting
  5. Question
    The Accounting Element ____________ Is Defined as Involving an Inflow
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The Accounting Element ____________ Is Defined as Involving an Inflow

Question 60

Question 60

Short Answer

The accounting element ____________ is defined as involving an inflow or other enhancement of assets,or decrease of liabilities,that results in an increase in equity other than any relating to contributions by equity participants.

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