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    Principles of Financial Accounting Study Set 1
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    Exam 1: Accounting in Action
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    If Services Are Provided for Credit, in a Proprietorship, Then
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If Services Are Provided for Credit, in a Proprietorship, Then

Question 143

Question 143

Multiple Choice

If services are provided for credit, in a proprietorship, then


A) assets will decrease.
B) liabilities will increase.
C) owner's equity will increase.
D) liabilities will decrease.

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