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    Principles of Accounting Study Set 1
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    Exam 3: Adjusting the Accounts
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    Revenues
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Revenues

Question 40

Question 40

Multiple Choice

Revenues


A) are decreases in equity resulting from rendering services.
B) are a cost of doing business.
C) are called expired costs.
D) are earned through the sale of goods,even though the cash may not be collected until later.

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