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    Principles of Accounting Study Set 1
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    Exam 1: Accounting Principles and the Financial Statements
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    Which of the Following Transactions Does Not Involve an Exchange
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Which of the Following Transactions Does Not Involve an Exchange

Question 29

Question 29

Multiple Choice

Which of the following transactions does not involve an exchange of value?


A) Payment of a debt
B) Purchase of a building on credit
C) Borrowing money
D) Loss from theft

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