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a. Securities and Exchange Commission is an internal user of a company's accounting information. Is it true or false? b. Proprietorship and Limited Company form

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a. Securities and Exchange Commission is an internal user of a company's accounting information. Is it true or false? b. Proprietorship and Limited Company form of businesses have limited liability, whereas Partnership businesses have unlimited liability. Is this statement true or false? C. Liability accounts always increases Owners' Equity. Is this statement true or false? d. The Balance Sheet reports assets, liabilities, and owner's equity for a specific period of time. Is this statement true or false

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