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Question 31 (3 points) If assets increase without a corresponding increase in liabilities, it means Revenues must have (been higher/ been lower). than expenses. Question
Question 31 (3 points) If assets increase without a corresponding increase in liabilities, it means Revenues must have (been higher/ been lower). than expenses. Question 32 (3 points) If owner's capital account decreased $2,000 for the year just ended, even though we made a $4,000 net income, then the owner must have withdrawn (how much?) personal use.. for Question 33 (4 points) Deferral means cash now cash now, later or later now, cash later or now, cash later. and accrual means Fill in the blanks in the answer section. I will grade manually. Like this: only give me the correct answers in same order as the blanks. Red, red, blue, grey A/
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