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    Financial Accounting Study Set 11
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    Exam 10: Stockholders Equity
  5. Question
    A Debit Balance in the Retained Earnings Account Indicates a Deficit
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A Debit Balance in the Retained Earnings Account Indicates a Deficit

Question 68

Question 68

True/False

A debit balance in the Retained Earnings account indicates a deficit in Retained Earnings.

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