9) Increases in equity from a company's sales of products or services are: A) Liabilities. B)...

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9) Increases in equity from a company's sales of products or services are: A) Liabilities. B) Revenues. C) Expenses. D) Assets. E) Stockholders' Equity. 10) If assets are $492,000 and liabilities are $192,000, then equity equals: A) $492,000. B) $108,000. C) $792,000. D) $192,000. E) $300,000. 9) Increases in equity from a company's sales of products or services are: A) Liabilities. B) Revenues. C) Expenses. D) Assets. E) Stockholders' Equity. 10) If assets are $492,000 and liabilities are $192,000, then equity equals: A) $492,000. B) $108,000. C) $792,000. D) $192,000. E) $300,000.

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9 The answer is E Stock holders Equity Explanation Increases in equity from a company s sales ... View the full answer