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    Financial Accounting Study Set 10
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    Exam 3: Accrual Accounting Income
  5. Question
    ________ Is (Are) the Final Balancing Element of the Balance
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________ Is (Are) the Final Balancing Element of the Balance

Question 110

Question 110

Multiple Choice

________ is (are) the final balancing element of the balance sheet.


A) Assets
B) Net income
C) Retained earnings
D) Dividends

Correct Answer:

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