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Miles Motor Supplies Had the Following Transactions During December

Question 64

Multiple Choice

Miles Motor Supplies had the following transactions during December: Miles Motor Supplies had the following transactions during December: As a result of these transactions, at year-end, liabilities and owners' equity would show a total A) Decrease by $4,575 B) Decrease by $4,200 C) Decrease by $4,800 D) Increase by $13,425 As a result of these transactions, at year-end, liabilities and owners' equity would show a total


A) Decrease by $4,575
B) Decrease by $4,200
C) Decrease by $4,800
D) Increase by $13,425

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