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    Exam 12: Financial Statements, Closing Entries, and Reversing Entries
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    An Account Numbered 201 Indicates That the Account Is the First
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An Account Numbered 201 Indicates That the Account Is the First

Question 44

Question 44

Multiple Choice

An account numbered 201 indicates that the account is the first of the


A) property and equipment.
B) current liabilities.
C) selling expenses.
D) current assets.
E) long-term liabilities.

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