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harra harra
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Posts: 1309
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6 years ago
If the amount of net income for the current period exceeds the amount of the owner's withdrawals, there will be a(n):
A) decrease in the cash account.
B) increase in the owner's capital account.
C) decrease in the owner's capital account.
D) increase in the cash account.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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Posts: 415
6 years ago
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harra Author
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6 years ago
Helped a lot
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Good timing, thanks!
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