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From the following list of financial statement items, use the appropriate amounts to calculate net income: Revenues, $21,000; Liabilities, $6,000; Expenses, $11,000; Assets, $34,000; Dividends,

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From the following list of financial statement items, use the appropriate amounts to calculate net income: Revenues, $21,000; Liabilities, $6,000; Expenses, $11,000; Assets, $34,000; Dividends, $8,000. $10,000 $2,000 $28,000 $37.000 D Question 16 3 pts Which of the following would cause total liabilities to decrease Providing $21,200 in services and billing the customer Collecting cash from customers on accounts receivable Paying employees for wages owed from the previous month Borrowing from the bank on a long-term note payable Question 17 3 pts The credit side of a T-account is used to record: Only changes to asset accounts

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