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In Which of the Following Transactions or Events Are the Debit

Question 47

Multiple Choice

In which of the following transactions or events are the debit entries NOT equal to the credit entries?


A) an increase in listed price of shares held by the business
B) a donation to a charity which is not tax-deductible
C) an uninsured loss arising from embezzlement by employee
D) a bad debt of $400 recorded as an expense of $300.

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