All Transactions That Increase Net Assets Affect Income

question 35

True/False

All transactions that increase net assets affect income.

---

Definitions:

Stomach To Back

A physical maneuver or motion involving the turning or rolling of the body from a position lying on the stomach to one lying on the back.

Months

Units of time in calendars that approximate the period of the lunar cycle, commonly used to measure durations longer than days and shorter than years.

Use Scissors

To employ a cutting instrument with two blades joined together, used for cutting various materials.

Months

Units of time roughly based on the period of the lunar cycle, used in the Gregorian calendar to divide the year into twelve periods.