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AAMI ACCOUNTING ONE PRACTICE TEST PAPER 2026 EXAM QUESTIONS AND SOLUTIONS GRADED A+

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AAMI ACCOUNTING ONE PRACTICE TEST PAPER 2026 EXAM QUESTIONS AND SOLUTIONS GRADED A+

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AAMI ACCOUNTING ONE PRACTICE TEST
PAPER 2026 EXAM QUESTIONS AND
SOLUTIONS GRADED A+


● Liabilities - 200-299


● Owner's Equity - 300-399


● Revenue - 400-499


● Expenses - 500-599


● Assets are: - Cash, Accounts Receivables, Furniture/Office Equipment,
Buildings, Inventory, Automobiles, Machinery


● Liabilities are: - Accounts Payable, Mortgage Payable, Sales Tax
Payable


● Capitals are: - Monies invested by owner, Monies withdrawn by
owner

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