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Of the following account types, which would be increased by a debit? * A) Liabilities and expenses B) Assets and expenses C) Assets and equity

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Of the following account types, which would be increased by a debit? * A) Liabilities and expenses B) Assets and expenses C) Assets and equity D) Equity and revenues The purchase of two truckers to expand the fleet of a farm company is going to impact: A) Increase fixed assets B) Reduce operating profits C) Increase inventory deposits D) Reduce operating expenses

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