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Question 18 Which of the following statements about expenses is TRUE? O a. Expenses may increase assets and decrease equity. Ob. Expenses may increase

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Question 18 Which of the following statements about expenses is TRUE? O a. Expenses may increase assets and decrease equity. Ob. Expenses may increase liabilities and decrease equity. Oc. Expenses may increase assets and increase equity. Od. Expenses may increase liabilities and increase equity. 3.8 pts

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