daniela3244
daniela3244 daniela3244
  • 23-10-2020
  • Business
contestada

Which of the following is a true statement?
A.Increases in expenses decrease owner's equity.
B.Increases in revenues decrease owner's equity.
C.Increases in assets decrease owner's equity.
D.Increases in expenses increase owner's equity.

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Respuesta :

dpirouz dpirouz
  • 23-10-2020
A. Is the correct answer because liabilities going up will reduce OE
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