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For a business, when there are no transactions with the owner(s) in the period, which of the following situations is always indicative of a profit
For a business, when there are no transactions with the owner(s) in the period, which of the following situations is always indicative of a profit being earned for the period? A. Total assets increase during the period B. Total assets exceed total liabilities Total liabilities decrease during the period D. Net assets increase during the period C
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