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D Question 9 1 pts Which of the following is the correct accounting equation? Assets...

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Accounting

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D Question 9 1 pts Which of the following is the correct accounting equation? Assets + Liabilities - Equity Assets = Liabilities + Equity Assets + Revenues = Equity Assets + Revenues = Liabilities + Expenses Question 10 1 pts Company profits will not affect owners equity True O False D Question 11 3 pts Gena's Cleaning Services performs services for its customers during March. Payments for the March services are received in June. How does the transaction for the collection of cash from customers affect the accounting equation of Gena's Cleaning Services? O liabilities increase and assets increase O total assets remain the same assets increase and revenues increase assets increase and equity decreases Question 12 3 pts Provide the definition of each of the following accounting assumptions. Definition Assumption Monetary Unit Economic Entity 12pt v Paragraph v | BI U A

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