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In a statement of owner's equity, decreases in owner's equity result from ________. answer choices owner's contributions net losses net income revenues earned From a

In a statement of owner's equity, decreases in owner's equity result from ________.

answer choices

owner's contributions

net losses

net income

revenues earned

From a legal perspective, a proprietorship is:

answer choices

an entity separate from its proprietor.

authorized under state charter.

not a distinct entity from its proprietor.

subject to regulation by the SEC.

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