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  3. Study Set
    College Accounting
  4. Exam
    Exam 1: Accounting Concepts and Procedures: an Introduction
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    Expenses
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Expenses

Question 25

Question 25

Multiple Choice

Expenses


A) are costs the company incurs in carrying on operations.
B) are a subdivision of owner's equity.
C) record personal expenses not related to the business.
D) Both A and B are correct.

Correct Answer:

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