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    Financial Accounting Study Set 19
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    Exam 3: The Accounting Cycle: End of the Period
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    The Adjusting Entry for an Accrued Revenue Always Includes a Debit
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The Adjusting Entry for an Accrued Revenue Always Includes a Debit

Question 29

Question 29

True/False

The adjusting entry for an accrued revenue always includes a debit to a liability account and a credit to a revenue account.The debit is to an asset account.

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