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(TCO 2) When a business purchases land on account

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  1. (TCO 2) When a business purchases land on account
  2. (TCO 2) A company performed services for a customer for cash. This transaction increased assets and

  3. (TCO 2) When a company borrows cash from the bank

  4. (TCO 2) An important rule to remember when working with T-accounts is

  5. (TCO 2) Which accounts are increased by debits?

  6. (TCO 2) Accounting transactions are initially recorded in the

  7. (TCO 3) Under accrual accounting, revenue is recorded

  8. (TCO 3) The revenue principle requires that a business record revenue when the business

  9. (TCO 3) In what order are financial statements generally prepared?

  10. (TCO 3) To close the books of a company, you should

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