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  2. Topic
    Business
  3. Study Set
    College Accounting A Career Approach
  4. Exam
    Exam 1: Asset, Liability, Owners Equity, Revenue, and Expense Accounts
  5. Question
    Expenses Incurred by a Business Results In
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Expenses Incurred by a Business Results In

Question 11

Question 11

Multiple Choice

Expenses incurred by a business results in:


A) a decrease in its liabilities.
B) a decrease in the owner's equity.
C) an increase in the drawing.
D) an increase in the assets.

Correct Answer:

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