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is an increase in economic benefitsduring the accounting period in the form of inflowsor enhancements of assets or a decrease inliabilities, thereby increasing equity and
is an increase in economic benefitsduring the accounting period in the form of inflowsor enhancements of assets or a decrease inliabilities, thereby increasing equity and net worth.O a. IncomeO b 1 answer
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
