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_____ Accounts Provide Disaggregated Information Concerning the Net Amount of an Asset

Question 23

Multiple Choice

_____ accounts provide disaggregated information concerning the net amount of an asset, liability, or shareholders' equity item. Note that the use of such accounts does not affect the total of assets, liabilities, shareholders' equity, revenues, or expenses, but only the balances in various accounts that comprise the totals for these items.


A) Reversing
B) Temporary
C) Contra
D) Closing
E) None of the above

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