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Adjustments are recorded for all transactions involving outside entities. True False
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Asked 11/6/2013 8:18:11 PM
Updated 12/1/2016 11:43:31 PM
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This conversation has been flagged as incorrect.
Flagged by alfred123 [12/1/2016 6:25:04 PM], Edited by Andrew. [12/1/2016 11:43:31 PM]
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User: Adjustments are recorded for all transactions involving outside entities. True False

Weegy: true
swaggirl2|Points 31|

Question
Asked 11/6/2013 8:18:11 PM
Updated 12/1/2016 11:43:31 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by alfred123 [12/1/2016 6:25:04 PM], Edited by Andrew. [12/1/2016 11:43:31 PM]
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Adjustments are recorded for all transactions involving outside entities. FALSE.

Added 12/1/2016 6:25:06 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [12/1/2016 11:43:32 PM]
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Every transaction which affects an income statement account also affects a balance sheet account. True False
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