Q3-51. What effect does the adjusting entry in question 3-50 have on Dumbos net income for February?
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Q3-51. What effect does the adjusting entry in question 3-50 have on Dumbo’s net income for February?
a. Increase by $200
c. Decrease by $200
b. Increase by $400
d. Decrease by $400
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Related Book For 
Financial Accounting International Financial Reporting Standards Global Edition
ISBN: 9781292211145
11th Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
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