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Net income decreases the capital account; therefore, it is always a debit to the balance sheet and equity accounts on a 10-column worksheet. Select one:
Net income decreases the capital account; therefore, it is always a debit to the balance sheet and equity accounts on a 10-column worksheet. Select one: True False
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
2nd Canadian Edition
0176707123, 978-0176707125
