Please help me solve this MCQs. These comes under a single question in my assignment A. Which of the following is an incorrect statement to make? (i) Expense is a negative factor in the computation of net income. (ii) Expense account has normal debit balances. (iii) Expense account increases owner's equity. (iv) Expense account decreases owner's equity. B. Which of the following will not fall under the external users of accounting data category? (i) Managers (ii) Creditors (iii) Customers (iv) Shareholders

C. After closing entry, the balance of all the following accounts will have zero balance except- (i) Income Summary (ii) Owners Drawings (iii) Owners Capital (iv) Service Revenue