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    College Accounting Study Set 2
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    Exam 1: Accounting Concepts and Procedures
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    Expenses
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Expenses

Question 74

Question 74

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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