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  3. Study Set
    Financial and Managerial Accounting Study Set 5
  4. Exam
    Exam 3: The Adjusting Process
  5. Question
    What Effect Will This Adjustment Have on the Accounting Records
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What Effect Will This Adjustment Have on the Accounting Records

Question 154

Question 154

Multiple Choice

What effect will this adjustment have on the accounting records? What effect will this adjustment have on the accounting records?   A)  increase net income B)  increase revenues reported for the period C)  decrease liabilities D)  all of these


A) increase net income
B) increase revenues reported for the period
C) decrease liabilities
D) all of these

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