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    Business
  3. Study Set
    Corporate Financial Accounting Study Set 1
  4. Exam
    Exam 3: Adjustments: Accruals and Deferrals
  5. Question
    What Effect Will This Adjusting Journal Entry Have on the Accounting
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What Effect Will This Adjusting Journal Entry Have on the Accounting

Question 129

Question 129

Multiple Choice

What effect will this adjusting journal entry have on the accounting records? What effect will this adjusting journal entry have on the accounting records?   A)  increase income B)  decrease net income C)  decrease expenses D)  increase assets


A) increase income
B) decrease net income
C) decrease expenses
D) increase assets

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