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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 1: Accounting Concepts and Procedures: an Introduction
  5. Question
    If a Company's Revenues Are Lower Than Its Expenses, It
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If a Company's Revenues Are Lower Than Its Expenses, It

Question 84

Question 84

Multiple Choice

If a company's revenues are lower than its expenses, it will cause


A) an increase in owner's equity.
B) a decrease in owner's equity.
C) an increase in assets.
D) no effect on owner's equity.

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