Which of the following statements is true? O A. The total claims of the owners...
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Accounting
Which of the following statements is true? O A. The total claims of the owners plus the claims of the creditors equal the net assets of the entity. O B. Expenses result from the depletion of liabilities. O C. Drawings refer to the portion of the profit earned that has been taken by the owner for business use. O D. Operating expenses are not directly associated with specific goods and services.
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