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    Principles of Accounting Study Set 1
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    Exam 3: Adjusting the Accounts
  5. Question
    Net Income Results in A(n)
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Net Income Results in A(n)

Question 6

Question 6

Multiple Choice

Net income results in a(n)


A) increase in owner's equity.
B) increase in revenues.
C) decrease in expenses.
D) increase in assets.

Correct Answer:

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