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    Accounting Principles Study Set 3
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    Exam 16: Investments
  5. Question
    The Contra-Account, Market Adjustment, Is Also Called A(n)
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The Contra-Account, Market Adjustment, Is Also Called A(n)

Question 60

Question 60

Multiple Choice

The contra-account, Market Adjustment, is also called a(n)


A) offset account.
B) adjustment account.
C) valuation account.
D) opposite account.

Correct Answer:

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