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    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 5
  4. Exam
    Exam 3: Adjusting Accounts and Preparing Financial Statements
  5. Question
    Each Adjusting Entry Affects Only One or More Income Statements
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Each Adjusting Entry Affects Only One or More Income Statements

Question 215

Question 215

True/False

Each adjusting entry affects only one or more income statements account and never cash.

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