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13.Net Income: Select one: a. Decreases equity. b. Represents the amount of assets owners put into a business. c. Equals assets minus liabilities. d. Is

13.Net Income:

Select one:

a. Decreases equity.

b. Represents the amount of assets owners put into a business.

c. Equals assets minus liabilities.

d. Is the excess of revenues over expenses.

e. Represents owners' claims against assets.

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