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  3. Study Set
    College Accounting A Career Approach
  4. Exam
    Exam 5: Closing Entries and the Post-Closing Trial Balance
  5. Question
    If a Liability Was Extended into the Income Statement Credit
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If a Liability Was Extended into the Income Statement Credit

Question 86

Question 86

True/False

If a liability was extended into the Income Statement Credit column on the work sheet, net income would be understated.

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