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According to the expanded accounting equation, a company has recorded $12,500 of Assets, $6,400 of Liabilities, $5,500 of Owners' Equity, $1,000 of Owners' Withdrawal, $800
According to the expanded accounting equation, a company has recorded $12,500 of Assets, $6,400 of Liabilities, $5,500 of Owners' Equity, $1,000 of Owners' Withdrawal, $800 of Expenses. The Revenue earned by the company for this accounting period is $2,400. * O True O False
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