Fraud Examination
Fraud Examination
5th Edition
ISBN: 9781305079144
Author: W. Steve Albrecht, Chad O. Albrecht, Conan C. Albrecht, Mark F. Zimbelman
Publisher: Cengage Learning
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Chapter 5, Problem 9MCQ
To determine

When an embezzlement of asset takes place, it reduces the left side of the balance sheet. To maintain the accounting equation the embezzler would most likely reduce the right side by doing one of the following.

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