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Which of the following statements is true? Question 7 Not yet answered Marked out of 1.0 Flag question A. Expenses result from the depletion of

image text in transcribed Which of the following statements is true? Question 7 Not yet answered Marked out of 1.0 Flag question A. Expenses result from the depletion of liabilities. B. Operating expenses are not directly associated with specific goods and services. C. Drawings refer to the portion of the profit earned that has been taken by the owner for business use. D. The total claims of the owners plus the claims of the creditors equal the net assets of the entity

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