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The value of crops on hand was $10,000 at the beginning of the accounting period and $18,000 at the end. The effect on an income statement would be O expenses increase by $8,000 O no effect O decrease total revenue $8,000 increase total revenue $8,000 An decrease in accounts payable between the beginning and ending dates of an a decrease in revenue a decrease in expenses O an increase in expenses an increase in revenue Question 9 Check all of the below items that could change in value from a cost to a market basis valuation. prepaid expenses machinery crops in storage land