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  • Aug 30, 2007, 12:29 PM
    deansboy811
    Net income
    An increase in net income causes an increase in which of the following:
    Liabilities
    Salable goods
    Entries
    Owners equity
  • Aug 30, 2007, 07:13 PM
    bhet
    think about the accounting equation:

    asset=liabilities+equity.

    you'll find your answer in that equation.

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