Author Question: Adjusting entries may affect the cash account. a. True b. False Indicate whether the statement ... (Read 495 times)

audie

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Adjusting entries may affect the cash account.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Which of the following accounts properly would not appear in a proprietary-type statement of net position (balance sheet)?
 
  a. accumulated depreciation
  b. retained earnings
  c. net position, unrestricted
  d. inventory



janeli

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Answer to Question 1

False

Answer to Question 2

b



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