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FILTER Question 31 FLAG QUESTION (1 Mark) If total expenses are larger than Gross Profit, then Answers A-D A Babilities are larger than assets B

FILTER Question 31 FLAG QUESTION (1 Mark) If total expenses are larger than Gross Profit, then Answers A-D A Babilities are larger than assets B the cash account is zero and the firm is borrowing money from banks. C the retained earnings account will eventually be reduced. D This situation is not possible

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