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Pepsi [2]
3 years ago
8

How is owner’s equity affected when is paid for expenses?

Business
1 answer:
Kobotan [32]3 years ago
4 0

Answer:

Profit and loss are directly linked to the amount of money the company is spending to run its business -- its operating expenses. So changes in operating expenses naturally affect owner's equity.

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35933

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2 years ago
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What contribution does the retail sector make to the UK economy ?
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