Which one of the following statements is not true about the effect of adjustments on the financial
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Question:
Which one of the following statements is not true about the effect of adjustments on the financial statements?
Adjustments can increase cash.
Adjustments can increase a revenue.
Adjustments can increase an asset.
Adjustments can decrease an asset.
Adjustments can decrease a revenue.
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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