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A. The journal b. The ledger c. The chart of accounts d. The work sheet ANS: D DIF: Easy OBJ: 04-App NAT: AACSB Analytic | AICPA FN-Measurement 82. After totaling all of the columns in the work sheet, the Balance Sheet show debits of $35,678 and the credits of $39,901. The adjusting entry at year end on the work sheet would a. increase a liability account b. decrease an asset account c. decrease a revenue account d. decrease a liability account ANS: D DIF: Moderate OBJ: 04-App NAT: AACSB Analytic | AICPA FN-Measurement 81. Which of the following is not an essential part of the accounting records? A. The journal b. The ledger c. The chart of accounts d. The work sheet ANS: D DIF: Easy OBJ: 04-App NAT: AACSB Analytic | AICPA FN-Measurement 82. After totaling all of the columns in the work sheet, the Balance Sheet show debits of $35,678 and the credits of $39,901. 83. The column of the income statement show the debits are equal to $56,899 and credits are $60,333. What do this informat
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