Exam (elaborations)
Abeka Business Math Test 3 8 & 9 Exam Questions with Latest Update
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T/F: A balance sheet is used to record net sales, gross profit, expenses and net profit. - ANSWER-false T/F: The income from sales minus the cost of goods sold yields the net sales. - ANSWER-false T/F: An increase in assets is recorded under the credit column. - ANSWER-false T/F: An increa...
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