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Which of the following transactions reduces the net worth T-account balance? Select one: a. Paid $3,600 cash for a one-year investment b. None of the
Which of the following transactions reduces the net worth T-account balance?
Select one:
a. Paid $3,600 cash for a one-year investment
b. None of the choices listed
c. Paid $2,000 toward a mortgage
d. Received a $58,000 truck as a gift
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