Owner's equity can be increased through a. withdrawals by the owner O b. investments by the owner O c. purchase of assets by cash O d. expenses exceeding revenues

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 11MC: All of the following increase owners equity except for which one? A. gains B. investments by owners...
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Owner's equity can be increased through
withdrawals by the owner
O b. investments by the owner
O c.
purchase of assets by cash
O d. expenses exceeding revenues
Transcribed Image Text:Owner's equity can be increased through withdrawals by the owner O b. investments by the owner O c. purchase of assets by cash O d. expenses exceeding revenues
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