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    Financial Accounting Study Set 15
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    Exam 3: The Adjusting Process
  5. Question
    What Effect Will the Following Adjusting Journal Entry Have on the Accounting
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What Effect Will the Following Adjusting Journal Entry Have on the Accounting

Question 145

Question 145

Multiple Choice

What effect will the following adjusting journal entry have on the accounting records? What effect will the following adjusting journal entry have on the accounting records?   A)  Increase net income B)  Increase revenues C)  Decrease expenses D)  Decrease net book value


A) Increase net income
B) Increase revenues
C) Decrease expenses
D) Decrease net book value

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