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Expenses occur when, in the course of providing goods or services: Liabilities. Assets a) increase. Decrease...

Expenses occur when, in the course of providing goods or services:

Liabilities. Assets
a) increase. Decrease
B) increase. Increase
C) decrease. Increase
D) decrease. Decrease

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Answer #1

a)liability Increase and assets decreases

An expense might 1) reduce a company's assets such as cash, prepaid expense or inventory, 2)Increase the balance in liability account such as accounts payable, or accrued expense etc

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